SPX Technologies Completes Acquisition of Crawford United

SPX Technologies has completed the acquisition of Crawford United Corporation for an aggregate transaction value of approximately $300 million. The deal expands SPX's HVAC portfolio with custom air handling solutions from Crawford's Commercial Air-Handling Equipment segment.

“SPX Technologies, Inc. (NYSE: SPXC) (“SPX” or the “Company”) announced today that it has completed its acquisition of Crawford United Corporation (OTC: CRAWA) (“Crawford United”), a Cleveland -based holding company with a broad portfolio of highly engineered air handling and industrial products.”

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