SPX Technologies Announces Acquisition of Sigma & Omega
SPX Corporation (SPXC)
Last spx corporation earnings: 4/30 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
spx.com/en/investor-relations/our-company
Company Research
Source: GlobeNewswire
CHARLOTTE, N.C., April 15, 2025 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) (“SPX Technologies” or the “Company”) announced today that it has completed the acquisition of Sigma Heating and Cooling and Omega Heat Pump (“Sigma & Omega”). The purchase price of approximately $144 million (CAD 200 million) reflects an acquisition multiple consistent with SPX’s typical range of 8x-12x Adjusted EBITDA*. Founded in 1997, Sigma & Omega is a Toronto-based manufacturer of highly engineered hydronic heating and cooling equipment, including vertical stack heat pumps and fan coils, institutional heating products, and both air-cooled and water-cooled commercial self-contained units. With approximately 220 employees, Sigma & Omega is anticipated to have annualized revenues of approximately $65 million in 2025. Sigma & Omega will operate as part of SPX’s hydronics business, along with Weil-McLain and Patterson-Kelley, within our HVAC segment. A substantial majority of Sigma & Omega’s sa
Show less
Read more
Impact Snapshot
Event Time:
SPXC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SPXC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SPXC alerts
High impacting SPX Corporation news events
Weekly update
A roundup of the hottest topics
SPXC
News
- 3 Market-Beating Stocks to Own for Decades [Yahoo! Finance]Yahoo! Finance
- Here's What Acquisition of Crawford United Means For SPX Technologies (SPXC) [Yahoo! Finance]Yahoo! Finance
- Is SPX Technologies, Inc. (SPXC) Stock Outpacing Its Construction Peers This Year? [Yahoo! Finance]Yahoo! Finance
- SPX Technologies (NYSE:SPXC) had its "buy" rating reaffirmed by analysts at B. Riley.MarketBeat
- SPX Technologies to Acquire Crawford UnitedGlobeNewswire
SPXC
Earnings
- 10/30/25 - Beat
SPXC
Sec Filings
- 12/15/25 - Form 4
- 12/11/25 - Form 144
- 11/21/25 - Form 4
- SPXC's page on the SEC website