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New Deal


Announced

Completed

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

Financials

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Transaction Value£46m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Friendly

Acquisition

Domestic

Machinery: Industrial

Single Bidder

equipment

fluid management systems

Private

Completed

Majority

Synopsis

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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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