SPX Technologies to Acquire Crawford United
SPX Corporation (SPXC)
Last spx corporation earnings: 4/30 04:15 pm
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US:NYSE Investor Relations:
spx.com/en/investor-relations/our-company
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Source: GlobeNewswire
CHARLOTTE, N.C. and CLEVELAND, Dec. 08, 2025 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) (“SPX” or the “Company”) and Crawford United Corporation (OTC: CRAWA) (“Crawford United”) announced today that they have entered into a definitive agreement for SPX to acquire Crawford United, a Cleveland-based holding company with a broad portfolio of highly engineered air handling and industrial products. The agreement provides for Crawford United to merge with a subsidiary of SPX, with holders of Class A and Class B common stock of Crawford United to receive, after adjustments for satisfaction of indebtedness and payment of expenses, estimated cash consideration of approximately $83.42 per share, representing an aggregate transaction value of $300 million. The addition of Crawford United’s Commercial Air-Handling Equipment segment, comprised of Air Enterprises and Rahn Industries businesses, will expand SPX’s HVAC portfolio of custom air handling solutions and enhance its coil of
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SPXC
Earnings
- 10/30/25 - Beat
SPXC
Sec Filings
- 12/11/25 - Form 144
- 11/21/25 - Form 4
- 11/19/25 - Form 144
- SPXC's page on the SEC website