# ProlecGE acquires SPX Transformer Solutions from SPX for $645M

Mexican power transformers manufacturer ProlecGE acquired SPX Transformer Solutions from US engineering group SPX for $645 million.

- Type: Acquisition
- Announced: 2021-10-15
- Where: United States
- Value: $645.0M
- Status: announced
- Products: power transformers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [SPX Corporation](https://endata.com/companies/3760.md) (partner)
- [SPX Transformer Solutions](https://endata.com/companies/55720.md) (target)
- [ProlecGE](https://endata.com/companies/58432.md) (acquirer)

## Sources

- [latinlawyer.com](https://latinlawyer.com/article/mexican-power-transformers-maker-buys-us-counterpart), 2021-10-15: "Mexican power transformers manufacturer ProlecGE has hired five offices of Sidley Austin LLP to acquire counterpart SPX Transformer Solutions from US engineering group SPX for US$645 million."

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