Here’s what acquisition of Crawford United means for SPX Technologies (SPXC)

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2025.12.14 10:01
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SPX Technologies, Inc. (NYSE:SPXC) announced a definitive agreement to acquire Crawford United Corporation (OTC:CRAWA) for approximately $300 million. Crawford United is a Cleveland-based holding company. This acquisition is part of SPX Technologies' strategy to strengthen its position in the data center cooling market.