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SPX Technologies has entered into a definitive agreement to acquire Crawford United Corporation for approximately $300 million in cash. The acquisition adds Crawford United's Commercial Air-Handling Equipment segment, including Air Enterprises and Rahn Industries, to SPX's HVAC portfolio.
“Their commercial air-handling business is an excellent fit for our HVAC platform, strengthening our ability to deliver end-to-end solutions to customers in healthcare, universities, pharmaceutical, advanced manufacturing and commercial markets.”spx.gcs-web.com
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