SPX Technologies acquires Sigma & Omega for $144M
04/15/25, 8:46 PM
Location
charlotte
torontomississaugaIndustry
manufacturing
manufacturing
manufacturing
SPX Technologies has completed the acquisition of Sigma & Omega for approximately $144 million. This acquisition aims to enhance SPX's HVAC business by integrating Sigma & Omega's innovative product offerings. SPX plans to increase sales to U.S. customers and leverage Sigma & Omega's technology for growth. Management will update guidance to reflect this acquisition on May 1, 2025.
Company Info
Location
Charlotte, North Carolina, United States
Company info
SPX Technologies is a supplier of highly engineered products and technologies, holding leadership positions in the HVAC and detection and measurement markets. Based in Charlotte, North Carolina, SPX Technologies has more than 3,300 employees in 15 countries. SPX Technologies is listed on the New York Stock Exchange under the ticker symbol “SPXC.” For more information, please visit www.spx.com.