SPX Corporation Completes Multiple Acquisitions

SPX Corporation completed the acquisitions of Cincinnati Fan on December 15, 2021, ECS on August 2, 2021, Sealite on April 19, 2021, and Sensors & Software on November 11, 2020. These acquisitions are noted in the context of non-recurring inventory step-up charges.

“non-recurring charges associated with the step-up of inventory (to fair value) acquired in connection with the Cincinnati Fan, ECS, Sealite and Sensors & Software acquisitions that were completed on December 15, 2021, August 2, 2021, April 19, 2021 and November 11, 2020, respectively”

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