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Stock impact report

Here's What Acquisition of Crawford United Means For SPX Technologies (SPXC) [Yahoo! Finance]

SPX Corporation (SPXC) 
Last spx corporation earnings: 4/30 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
entered into a definitive agreement to acquire Crawford United Corporation (OTC:CRAWA), a Cleveland-based holding company. The deal is valued at approximately $300 million. This acquisition is part of SPX Technologies' expansion plans. As per the agreement, Crawford United will be merged with a subsidiary of SPX. With this acquisition, SPXC will expand its HVAC capabilities by incorporating the Commercial Air-Handling Equipment segment of Crawford United. This segment contains Rahn Industries and Air Enterprises. Over the past 12 months ending September 30, 2025, this segment reported $22.8 million in operating profit and $81.6 million in sales. SPX Technologies (NYSE:SPXC) also reported total revenue of $2.16 billion over the last 12 months, with solid revenue growth of 12.6%. After the deal closes, SPXC will merge Crawford United's Commercial Air-Handling Equipment segment with its HVAC segment. Meanwhile, the company intends to divest the Industrial & Transportation Products se Show less Read more
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