Prolec GE acquires SPX Transformer Solutions for $645 million

Prolec GE Transformers, Inc., a joint venture of GE and Xignux, completed the $645 million acquisition of SPX Transformer Solutions, Inc., a U.S. transformer technology company.

“Prolec GE designs and provides solutions for the generation, transmission, and distribution of electrical energy.”prweb.com

• 1 source
• prweb.comGreenberg Traurig Attorneys Represent Prolec GE Transformers, Inc., in Financing Transactions Related to Its $645M Acquisition of SPX Transformer Solutions, Inc.Greenberg Traurig, LLPOct 12, 2021

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