SPX FLOW

ITT Inc completed its US$4.8 billion acquisition of SPX Flow. The completion is listed in the Q1 2026 pumps M&A roundup.

ITT Inc. closed its acquisition of SPX FLOW, a provider of mixing, blending, fluid handling and separation equipment, for a total consideration of $4.775 billion announced in December 2025.

ITT agreed to acquire SPX FLOW from Lone Star Funds for a total consideration of $4.775 billion in cash and equity. The deal values SPX FLOW at 14.2x forecast 2026 adjusted EBITDA, and ITT expects $80 million in run-rate cost synergies by year three.

Ingersoll Rand completed its all-cash acquisition of SPX Flow's Air Treatment business for about US$525 million in Q1 2023. The business makes compressed air dryers and filters.

Ingersoll Rand agreed to acquire SPX FLOW's Air Treatment business, a maker of compressed air dryers and filtration systems, for about $525 million. The business had expected 2022 revenue of about $180 million.

Lone Star Funds agreed to buy industrial pump and valve maker SPX Flow Inc. for $3.8 billion including assumed debt, at $86.50 per share in cash. The deal was announced on December 13, 2021.

Ingersoll Rand said on September 2, 2021 it will not take part in SPX Flow's exploration of strategic alternatives, including a sale or merger. SPX Flow earlier rejected Ingersoll's $3.59 billion buyout bid in July.

Ingersoll Rand Inc. completed its acquisition of Seepex GmbH, a Bottrop, Germany maker of progressive cavity pumps with about 800 employees and roughly EUR 160 million revenue. The deal was announced as complete on September 1, 2021.

Ingersoll Rand agreed to acquire German progressive cavity pump maker Seepex GmbH in an all-cash deal valued at €431.5 million, expected to close in Q3 2021 pending regulatory approvals. Announced June 21, 2021.

SPX FLOW signed a definitive agreement to acquire mixing equipment maker Philadelphia Mixing Solutions from Thunder Basin Corporation in an all-cash deal valued at $65 million, expected to close in Q2 2021. The target is based in Palmyra, Pennsylvania.

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.

Denmark's Primodan signed an agreement with SPX Flow's Danish subsidiary to take over its yellow cheesemaking activities and technologies. SPX Flow will keep providing aftermarket service to existing customers until the end of 2021.

SPX FLOW announced it is initiating the sale of its Power and Energy business, with about $500 million in annual revenue, as part of narrowing its strategy to process solutions.

SPX FLOW and WTE Wajdi Group signed an agreement to form a joint venture offering rotating and static equipment services to oil, gas, industrial and power customers in Iraq. The JV will be based in Dubai with a field subsidiary at North Rumalia Oil Field in southern Iraq.

SPX Flow signed a contract with EDF Energy to supply 16 ASG and RRI nuclear pumps for the Hinkley Point C new build project in the UK. The pumps will be delivered via the ClydeUnion Pumps factory in Annecy, France.

SPX FLOW launched its first North American multibrand service center in Corpus Christi, Texas, offering rental and sales of controlled bolting, repair of pumps, mixers and valves, and OEM spare parts.

SPX Flow will supply 2-stage ClydeUnion BB3 pumps for the Sand Hills pipeline expansion in a contract worth more than US$2 million. The pumps will move natural gas liquids from the Permian and Eagle Ford basins to Mont Belvieu, Texas.

SPX Flow will supply 20 BB1 5000 hp pump packages for the new 400-mile Midland-Sealy crude oil and condensate pipeline in Texas, in an order valued at more than US$10 million. The pumps will be made in Burlington, Canada and Glasgow, UK.

SPX FLOW opened a new 28,000-square-meter manufacturing campus in Bydgoszcz, Poland, producing hygienic valves, sanitary plate heat exchangers and homogenizers. The company described it as a multimillion-dollar investment, and the announcement was dated January 31, 2017.