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Announced

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SPX FLOW completed the acquisition of Philadelphia Mixing Solutions from Wind River-backed Thunder Basin for $65m.

Synopsis

SPX FLOW, a manufacturer and supplier of engineered flow components, process equipment, and turn-key systems, completed the acquisition of Philadelphia Mixing Solutions, a company that designs fluid mixing equipment, from Wind River-backed Thunder Basin, a company manufacturing speed changers, drives, and gears, for $65m. "With our recent acquisitions of UTG and Philadelphia Mixing Solutions, we continue to execute our strategy of creating new opportunities for synergy and growth and broadening our portfolio of comprehensive mixing solutions for customers in the chemical, water & wastewater, petrochemical, mining, pharmaceutical, and nutrition & health markets," Marc Michael, SPX FLOW President and CEO.

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