M&A Deal Summary

SPX Technologies Acquires APV Consolidated

On December 31, 2007, SPX Technologies acquired machinery company APV Consolidated from Invensys

Acquisition Highlights
  • This is SPX Technologies’ 5th transaction in the Machinery sector.
  • This is SPX Technologies’ 7th transaction in the United States.
  • This is SPX Technologies’ 2nd transaction in Illinois.

M&A Deal Summary

Date 2007-12-31
Target APV Consolidated
Sector Machinery
Buyer(s) SPX Technologies
Sellers(s) Invensys
Deal Type Divestiture

Target

APV Consolidated

Schiller Park, Illinois, United States
APV Consolidated, Inc. is a manufacturer of food processing machinery.

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Buyer(S) 1

Buyer

SPX Technologies

Charlotte, North Carolina, United States

Category Company
Founded 1912
Sector Machinery
Employees4,100
Revenue 1.7B USD (2023)
DESCRIPTION
Entrance to SPX's corporate headquarters in Charlotte, North Carolina.
Entrance to SPX's corporate headquarters in Charlotte, North Carolina.

SPX Technologies is a global supplier of highly specialized, engineered solutions for the energy and food/beverage industries. Key products include processing systems and components for the food and beverage industry, pumps, valves and filtration equipment used in oil and gas processing, power transformers used by utility companies, and cooling systems for power generation plants and HVAC applications. SPX Technologies was founded in 1912 and is based in Charlotte, North Carolina.


DEAL STATS #
Overall 9 of 24
Sector (Machinery) 5 of 7
Type (Divestiture) 5 of 6
State (Illinois) 2 of 2
Country (United States) 7 of 13
Year (2007) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-31 APV

Crawley, United Kingdom

APV is a manufacturer of process equipment and engineered solutions primarily for the sanitary market.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-08 Vokes-Air Group

Sprockhovel, Germany

Vokes-Air Group is a leading manufacturer and supplier of air filters for use in a variety of commercial applications. With an extensive air filter product range we can select and provide the best performing air filters for you whether you operate a gas turbine, service a commercial building’s air conditioning system, work in a paint spray booth, are installing a hospital operating theatre or work in a semi-conductor clean room.

Sell -

Seller(S) 1

SELLER

Invensys

London, United Kingdom

Category Company
Sector Diversified
Revenue 1.8B GBP (2013)
DESCRIPTION

Invensys is a global technology company that serves a range of industrial and commercial customers. Invensys designs and supplies advanced technologies to optimise operational performance and profitability. The Company operates through four primary segments. These include, Software, Industrial Automation, Energy Controls and Appliance.


DEAL STATS #
Overall 11 of 12
Sector (Machinery) 3 of 3
Type (Divestiture) 10 of 11
State (Illinois) 1 of 1
Country (United States) 9 of 9
Year (2007) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-31 APV

Crawley, United Kingdom

APV is a manufacturer of process equipment and engineered solutions primarily for the sanitary market.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-01 SAT

Sunnyvale, California, United States

SAT Corp. is a energy software company with a product that provided automated wireless data input for ERP systems popularly used in large industrial facilities common to the Houston region.

Buy -