Explore All 472 Divestiture Machinery Deals - Search the Database Free
M&A Deal Summary |
|
|---|---|
| Date | March 31, 2000 |
| Target | Fenner Fluid Power |
| Sector | Machinery |
| Buyer(s) | SPX Technologies |
| Sellers(s) | Fenner Group Holdings |
| Deal Type | Divestiture |
| Deal Value | 64M USD |
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| Category | Company |
|---|---|
| Founded | 1912 |
| Sector | Machinery |
| Employees | 4,300 |
| Revenue | 2.0B USD (2024) |
SPX Technologies is a provider 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 Context for Buyer | # |
|---|---|
| Overall | 3 of 27 |
| Sector: Machinery | 1 of 8 |
| Type: Divestiture | 2 of 6 |
| State: Illinois | 1 of 3 |
| Country: United States | 3 of 14 |
| Year: 2000 | 1 of 2 |
| Size (of disclosed) | 8 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1999-08-25 |
Harris Corp - TV Antenna Business
United States Harris Corp - TV Antenna Business is a largest manufacturer of TV and FM broadcast antennas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2000-09-21 |
Copes-Vulcan
Lake City,, Pennsylvania, United States Copes-Vulcan, Inc. is a maker of control valves and turbine bypass systems. |
Buy | $35M |
| Category | Company |
|---|---|
| Founded | 1861 |
| Sector | Machinery |
| Revenue | 729M GBP (2014) |
Fenner is a reinforced polymer technology company focused on providing conveyor belt solutions and reinforced polymer products for the mining and general industrial markets.
| Deal Context for Seller | # |
|---|---|
| Overall | 1 of 3 |
| Sector: Machinery | 1 of 1 |
| Type: Divestiture | 1 of 3 |
| State: Illinois | 1 of 1 |
| Country: United States | 1 of 3 |
| Year: 2000 | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-07-11 |
Fenner - Lightweight Conveyor Belt Operations
Charlotte, North Carolina, United States Fenner - Lightweight Conveyor Belt Operations manufactur a range of lightweight PVC conveyor belts used in a wide variety of industrial applications. |
Sell | - |
