Announced
Completed
Financials
Tags
Diversified Industrials
Finland
Cross Border
Private
Friendly
Acquisition
Single Bidder
Completed
Majority
mixing solutions
Synopsis
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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