SPX Technologies Completes Acquisition of Crawford United for $300 Million

Reuters

Feb 06

<a href="https://laohu8.com/S/SPXC">SPX Technologies</a> Completes Acquisition of Crawford United for $300 Million

SPX Technologies has completed its acquisition of Crawford United Corporation, a Cleveland-based holding company with a diverse portfolio of engineered air handling and industrial products. The transaction, valued at approximately $300 million, entitles Crawford United shareholders to receive about $83.86 per share in cash, following adjustments for indebtedness and expenses. Crawford United's commercial air-handling equipment businesses, including Air Enterprises and Rahn Industries, will be integrated into SPX's HVAC segment, expanding the company's custom air-handling solutions and enhancing its coil offerings. Crawford United's industrial and transportation products businesses are expected to be sold as SPX focuses on its core strategy. Crawford United's shares will no longer trade on the OTC Pink Limited Market.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SPX Technologies Inc. published the original content used to generate this news brief on February 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SPX Technologies Inc. published the original content used to generate this news brief on February 06, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4161","symbol_name":"工业机械","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260206:nNDL78dpGq:1","article_id":"2609559635","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2609559635","pubTimestamp":1770383902,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"SPX Technologies has completed its acquisition of Crawford United Corporation, a Cleveland-based holding company with a diverse portfolio of engineered air handling and industrial products. 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The transaction, valued at approximately $300 million, entitles Crawford United shareholders to receive about $83.86 per share in cash, following adjustments for indebtedness and expenses. Crawford United's commercial air-handling equipment businesses, including Air Enterprises and Rahn Industries, will be integrated into SPX's HVAC segment, expanding the company's custom air-handling solutions and enhancing its coil offerings. Crawford United's industrial and transportation products businesses are expected to be sold as SPX focuses on its core strategy. Crawford United's shares will no longer trade on the OTC Pink Limited Market.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SPX Technologies Inc. published the original content used to generate this news brief on February 06, 2026, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}