# SPX FLOW signs agreement to acquire UTG Mixing Group

SPX FLOW entered a combination agreement to launch a recommended public tender offer for all shares of Finland's Uutechnic Group Oyj (UTG Mixing Group) at EUR 0.60 per share in cash. Closing is expected in Q1 2021.

- Type: Acquisition
- Announced: 2020-12-07
- Where: Finland
- Status: announced
- Products: specialty mixing technologies, mixers
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [SPX FLOW](https://endata.com/companies/852.md) (acquirer)
- [Uutechnic Group Oyj](https://endata.com/companies/7324.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/spx-flow-signs-combination-agreement-to-acquire-utg-mixing-group-301187065.html), 2020-12-07: "The transaction, which is unanimously recommended by UTG's Board of Directors, is expected to close in the first quarter 2021."

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