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Deal closed Apr 2025 Verified

SPX Technologies Completes Acquisition of Sigma Heating and Cooling and Omega Heat Pump

SPX Technologies completed the acquisition of Sigma Heating and Cooling and Omega Heat Pump (Sigma & Omega) for approximately $144 million. The target, based in Toronto with around 220 employees, will be integrated into SPX's HVAC segment to expand its hydronics portfolio and U.S. market presence.

“SPX Technologies successfully completed the acquisition of Sigma Heating and Cooling and Omega Heat Pump for approximately $144 million, enhancing its product portfolio in the HVAC market.”

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HVAC Sentiment: Positive

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