SPX Technologies Announces Acquisition of Thermolec [Yahoo! Finance]
SPX Corporation (SPXC)
Last spx corporation earnings: 4/30 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
spx.com/en/investor-relations/our-company
Company Research
Source: Yahoo! Finance
CHARLOTTE, N.C., Jan. 20, 2026 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) (“SPX Technologies” or the “Company”) announced today that it has completed the acquisition of Thermolec Ltd. (“Thermolec”) for a total cash consideration of CA$ 195 million (approximately US$ 140 million). Founded in 1973, Thermolec is a Montréal-based manufacturer of custom electric duct heating and related solutions, offering a differentiated set of products across commercial, multi-family residential, and light industrial applications. With nearly 200 employees, Thermolec generates annual revenues of approximately US$ 35 million. Thermolec will become part of SPX's HVAC segment and operate within its Electric Heat business with Marley Engineered Products (MEP) and ASPEQ. A substantial majority of Thermolec's sales are generated in Canada. SPX Technologies plans to expand Thermolec's U.S. sales while leveraging Thermolec's strong Canadian customer relationships to expand MEP's sales in Canada
Show less
Read more
Impact Snapshot
Event Time:
SPXC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SPXC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SPXC alerts
High impacting SPX Corporation news events
Weekly update
A roundup of the hottest topics
SPXC
News
- Alluvial Capital Management's Q4 2025 Letter To Partners [Seeking Alpha]Seeking Alpha
- A Look At SPX Technologies (SPXC) Valuation As Recent Momentum Slows And Premium P/E Raises Questions [Yahoo! Finance]Yahoo! Finance
- DXP, SPX Technologies, Oshkosh, Belden, and Enpro Shares Plummet, What You Need To Know [Yahoo! Finance]Yahoo! Finance
- How A New Price Target Is Reshaping The SPX Technologies (SPXC) Investment Story [Yahoo! Finance]Yahoo! Finance
- SPX Technologies Announces Acquisition of ThermolecGlobeNewswire
SPXC
Earnings
- 10/30/25 - Beat
SPXC
Sec Filings
- 2/2/26 - Form 8-K
- 1/23/26 - Form 3
- 1/21/26 - Form SCHEDULE
- SPXC's page on the SEC website