SPX Technologies Announces Acquisition of TAMCO

April 3, 2023

On April 3, 2023, SPX Technologies Inc. (NYSE:SPXC) (“SPX Technologies”) announced that it had acquired TAMCO, a privately-held market leader in motorized and non-motorized dampers which are utilized for controlling airflow in specialty applications across commercial, industrial, and institutional markets for approximately CA$170 million (approximately US$125 million) in cash.

SPX Technologies is a supplier of highly engineered products and technologies, holding leadership positions in the HVAC and detection and measurement markets.

Miller Thomson LLP acted as Canadian counsel to SPX Technologies with a team led by Andrew Cohen and by Jamie Eichenbaum and comprised of Emily Cruz Isgro and Ghazal Hamedani (Corporate/M&A), Eric Dufour and Reema Mahbubani (Regulatory), Karen Durell (IP/IT), Andrew Etcovitch (Tax), David Tsai and Zeinab Yousif (Labour & Employment), Hugh Wright (Pensions), Tamara Farber (Environment), Stuart Chaimberg and Vincent Alaimo (Real Estate), and Megan Kocher (Paraprofessional).