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Add-on acquisition · Closed Dec 2021

SPX Completes $145M Acquisition of Cincinnati Fan

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Relationship map for SPX Completes $145M Acquisition of Cincinnati Fanparent ofSPX Corp.: PlatformSPX Corp.Cincinnati Fan & Ventilator Co., Inc.: Operating CompanyCFCincinnati Fan & Vent…
Operating CompanyPlatform

Parties

Acquirer
SPX Corp.
Platform
Target
Cincinnati Fan & Ventilator Co., Inc.
Operating Company
Deal value$145M reported cash consideration · estimate as reported by refindustry.com

Figures marked reported are drawn from a single or secondary source and are not independently confirmed. All figures are presented as reported, see Methodology.

Summary

SPX Corporation completed its acquisition of Cincinnati Fan & Ventilator Co. for $145 million in cash to expand its HVAC global cooling platform in engineered air quality. Cincinnati Fan has approximate annual revenue of $60-70 million.

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