# SPX Technologies acquires Ingénia Technologies for CA $405 million

SPX Technologies acquired privately held Ingénia Technologies, a manufacturer of custom air handling units, for approximately CA $405 million (US $300 million) in cash. Ingénia is based in Mirabel, Quebec, Canada, and will become part of SPX's HVAC segment.

- Type: Acquisition
- Announced: 2024-02-07
- Where: Mirabel, Quebec, Canada
- Value: $300.0M (405.0M CAD)
- Status: completed
- Products: custom air handling units
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [SPX Technologies](https://endata.com/companies/12983.md) (acquirer)
- [Ingénia Technologies](https://endata.com/companies/75530.md) (target)

## Sources

- [stocktitan.net](https://www.stocktitan.net/news/SPXC/spx-technologies-announces-acquisition-of-2582qc1ruewh.html), 2024-02-07: "We are very excited to welcome Ingénia to the SPX Technologies team."

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