Majority stake Closed New Jul 2026
SPX Technologies Completes Acquisition of Neptronic
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Parties
Deal value$430M reported cash consideration · approximate · converted from C$605M
as reported by globenewswire.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 Technologies has completed the acquisition of Neptronic Inc. for approximately US$430 million in cash. The deal expands SPX's HVAC segment with engineered controls and air management solutions, integrating Neptronic into its global platform.