# SPX Technologies completes acquisition of Neptronic for CA$605 million

SPX Technologies completed the acquisition of Neptronic Inc. for a total cash consideration of CA$605 million.

- Type: Acquisition
- Announced: 2026-07-23
- Where: Canada
- Value: $440.0M (605.0M CAD)
- Status: completed
- Products: HVAC controls
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [SPX Technologies](https://endata.com/companies/12983.md) (acquirer)
- [Neptronic](https://endata.com/companies/14710.md) (target)

## Sources

- [valve-world-americas.com](https://valve-world-americas.com/category/acquisitions/), 2026-09-18: "SPX Technologies has completed the acquisition of Neptronic Inc. for a total cash consideration of CA$605 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.