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Deal closed Mar 2018 Verified

SPX Corporation Acquires Schonstedt

SPX Corporation completed the acquisition of Schonstedt on March 1, 2018, resulting in non-recurring inventory step-up charges.

“the Schonstedt and Cues' acquisitions that were completed on March 1, 2018, and June 7, 2018, respectively”

Entities

SPX Corporation · Acquirer Schonstedt · Target
Other Sentiment: Neutral

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.