Announced
Completed
Financials
Tags
Majority
Acquisition
Public
Friendly
Privatisation
Domestic
Private Equity
Single Bidder
turn-key systems
process equipment
flow components
Machinery: Industrial
United States
Completed
Synopsis
Lone Star, a private equity firm, completed the acquisition of SPX FLOW, a provider of process solutions for the nutrition, health and industrial markets, for $3.8bn. "We are excited about the opportunity to partner with SPX FLOW. This acquisition is consistent with Lone Star's strategy to invest in businesses with substantial runway for growth. We have great respect for SPX FLOW's talented employees and their commitment to innovation and serving customers. We look forward to working with Marc and the entire team to help advance SPX FLOW's strategy and capture the opportunities ahead," Donald Quintin, Lone Star President.
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