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Thermolec Acquired by SPX Technologies — Industrials M&A

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Deal Summary

SPX Technologies completed the acquisition of Thermolec for about US$140M to expand its HVAC electric heating offerings.

Key Details

Transaction
SPX Technologies acquires Thermolec
Deal Size
Over $100M
Reported Value
US$ 140 million

Source

Read full article on news.google.com

via GN - site:globenewswire.com · January 20, 2026

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