M&A Deal Summary

SPX FLOW Acquires UTG Mixing Group

On December 7, 2020, SPX FLOW acquired machinery company UTG Mixing Group

Acquisition Highlights
  • This is SPX FLOW’s 1st transaction in the Machinery sector.
  • This is SPX FLOW’s 1st transaction in Finland.

M&A Deal Summary

Date 2020-12-07
Target UTG Mixing Group
Sector Machinery
Buyer(s) SPX FLOW
Deal Type Add-on Acquisition

Target

UTG Mixing Group

Uusikaupunki, Finland
Plc Uutechnic Group Oyj is a global technology group that provides competitive mixing solutions to chemical, food, metallurgical and fertilizer industries, as well as environmental technology, water treatment and pharmaceuticals. Plc Uutechnic Group was founded in 1874 and is based in Uusikaupunki, Finland.

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Buyer(S) 1

Buyer

SPX FLOW

Charlotte, North Carolina, United States

Category Company
Founded 2015
Sector Manufacturing
Revenue 1.4B USD (2020)
DESCRIPTION

SPX FLOW solves processing challenges, helping customers lower costs, increase uptime, save energy, reduce waste, and improve quality. The company's product offering is concentrated in process technologies that perform mixing, blending, fluid handling, separation, thermal heat transfer, and other activities that are integral to processes performed across a wide variety of nutrition, health, and precision solutions markets. SPX FLOW was founded in 2015 and is based in Charlotte, North Carolina.


DEAL STATS #
Overall 1 of 2
Sector: Machinery M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 2
Country: Finland M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-29 Celeros Flow Technology

Charlotte, North Carolina, United States

Celeros Flow Technology is a manufacturer of industrial parts and components for diverse end markets such as: conventional, renewable and nuclear power, oil and gas (both onshore and offshore), petrochemical processing and water treatment; as well as those building and operating marine vessels for commercial and defense applications. Celeros Flow Technology is based in Charlotte, North Carolina.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-28 Philadelphia Mixing Solutions

Palmyra, Pennsylvania, United States

Philadelphia Mixing Solutions is a provider in the designing and manufacturing of agitation and aeration equipment. The company operates the most comprehensive technical laboratories dedicated to agitation and aeration process optimization. Its offerings include chemical processing, biological and industrial wastewater treatment, tank storage, mineral processing, food, water treatment, and other fluid mixing applications. Philadelphia Mixing Solutions was formed in 1957 and is based in Palmyra, Pennsylvania.

Buy $65M