Brief: SPX Announces Agreement To Purchase Cincinnati Fan From Dominus Capital

SPX Technologies

15/11/2021 13:37

Nov 15 (Reuters) - SPX Corp  SPXC.N :
    * SPX ANNOUNCES AGREEMENT TO PURCHASE CINCINNATI FAN FROM
DOMINUS
CAPITAL
    * SPX CORP - CINCINNATI FAN IS HEADQUARTERED IN MASON, OHIO
AND
HAS APPROXIMATELY 215 EMPLOYEES IN US AND UK
    * SPX CORP - OTHER TERMS OF TRANSACTION ARE NOT BEING
DISCLOSED AT
THIS TIME
    * SPX CORP - ONCE FULLY INTEGRATED, SPX ANTICIPATES THAT
ACQUISITION WILL BE ACCRETIVE TO ITS HVAC SEGMENT MARGIN

Source text for Eikon:  ID:nGNX1Y8dhh 
Further company coverage:  SPXC.N 

 ((Reuters.Briefs@thomsonreuters.com;))