SPX Technologies Acquires HVAC Components Maker Neptronic For C$605M (~$430M) In Cash
The multiple of enterprise value to earnings before interest, tax, depreciation and amortization ("EBITDA multiple") implied in the transaction is modestly above the upper-end of the Company’s recently
SPX Technologies bought a company that makes heating and cooling parts for about $430 million. When a big company buys another one, watch if it helps them make more money and serve more customers—that shows if the deal was smart.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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