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New Deal


Announced

Completed

SPX FLOW completed the acquisition of UTG Mixing Group for $41m.

Financials

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Transaction Value£29m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Diversified Industrials

Finland

Cross Border

Private

Friendly

Acquisition

Single Bidder

Completed

Majority

mixing solutions

Synopsis

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SPX FLOW, a provider of process solutions for the food, beverage and industrial markets, completed the acquisition of UTG Mixing Group, a provider of mixing solutions for the chemical, food, metallurgical and fertilizer, environmental technology, water treatment and pharmaceuticals markets, for $41m. Financial terms were not disclosed. "Bringing UTG Mixing Group and its well-known product brands into the SPX FLOW family strengthens the sales network of the combined company, offering customers a greater breadth of solutions for a wider range of applications," Marc Michael, SPX FLOW Chief Executive Officer.

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