SPX Technologies Announces Acquisition of Ingénia - Seite 2

SPX Technologies was represented by Blake, Cassels & Graydon LLP as legal counsel.  McCarthy Tétrault served as legal counsel for Ingénia. 

About SPX Technologies: SPX Technologies is a supplier of highly engineered products and technologies, holding leadership positions in the HVAC and detection and measurement markets. Based in Charlotte, North Carolina, SPX Technologies has more than 4,000 employees in 15 countries. SPX Technologies is listed on the New York Stock Exchange under the ticker symbol “SPXC.” For more information, please visit www.spx.com. 

About Ingénia: Headquartered in Mirabel, Quebec, Canada Ingénia is a leading-edge technologies company that specializes in the design and manufacture of high-quality air handling units, from fast delivery modular units to fully custom projects. The company was founded in 2004 and is well-known as a technology and production automation leader that has become the standard for quality in the North American market. From traditional to fully integrated systems with controls and piping, Ingénia’s solutions are used in high-value applications in a number of end markets, including health sciences (hospitals and research labs), pharmaceutical, education, food processing, office buildings, and industrial. For more information please visit www.ingeniatechnologies.com.

Forward-looking Statements:
Certain statements in this press release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to risks and uncertainties that could cause actual results to differ from those contained in the forward-looking statements, including risks and uncertainties with respect to the ability of SPX Technologies to successfully integrate Ingénia into its operations and realize expected synergies and growth opportunities from the transaction, as well as risks and uncertainties with respect to Ingénia’s anticipated 2024 revenues, including possible cyclical changes and specific industry events in its markets, the impact of competition, inadequate performance by third-party suppliers and subcontractors for outsourced products, components and services and other supply-chain risks, and changes in worldwide economic conditions. Please read these statements in conjunction with the documents filed by SPX Technologies with the Securities and Exchange Commission, including its most recent annual report on Form 10-K. These filings identify other important risks and uncertainties that could cause actual results to differ from those contained in the forward-looking statements.