SPX Technologies to purchase Crawford United for $300 million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 08 2025
0mins
Should l Buy SPXC?
Source: SeekingAlpha
SPX Technologies Acquisition: SPX Technologies announced its acquisition of Crawford United, a Cleveland-based company specializing in engineered air handling and industrial products, with a transaction value of approximately $300 million.
Financial Details: Shareholders of Crawford United will receive about $83.42 per share in cash, and the Commercial Air-Handling Equipment segment reported sales of $81.6 million and an operating profit of $22.8 million for the trailing twelve months ending September 30, 2025.
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Analyst Views on SPXC
Wall Street analysts forecast SPXC stock price to fall
9 Analyst Rating
6 Buy
3 Hold
0 Sell
Moderate Buy
Current: 230.920
Low
210.00
Averages
226.88
High
244.00
Current: 230.920
Low
210.00
Averages
226.88
High
244.00
About SPXC
SPX Technologies, Inc. is a diversified, global supplier of engineered products and technologies in the heating, ventilation, and air conditioning (HVAC) and detection and measurement markets. Its segments include HVAC and Detection and Measurement. The HVAC segment engineers, designs, manufactures, installs and services cooling products and engineered air movement and handling solutions for the HVAC industrial, commercial, data center, and power generation markets, as well as heating and ventilation products for the residential, industrial, and commercial markets. The distribution channels for the segment’s products are direct to customers, independent manufacturing representatives, third-party distributors, and retailers. The Detection and Measurement segment engineers, designs, manufactures, services, and installs underground pipe and cable locators, inspection and rehabilitation equipment, robotic systems, transportation systems, communication technologies, and aids to navigation.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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