Home / Business and Economy / SPX Technologies Acquires Crawford United for HVAC Growth
SPX Technologies Acquires Crawford United for HVAC Growth
14 Dec, 2025
Summary
- SPX Technologies agreed to acquire Crawford United for approximately $300 million.
- The acquisition aims to expand SPX's HVAC capabilities by integrating a key segment.
- Crawford United's Commercial Air-Handling Equipment segment reported $81.6 million in sales.
SPX Technologies announced a definitive agreement to acquire Cleveland-based Crawford United Corporation for roughly $300 million. This strategic acquisition is designed to bolster SPX Technologies' position in the data center cooling and HVAC markets. The integration of Crawford United's Commercial Air-Handling Equipment segment, which includes notable operations like Rahn Industries and Air Enterprises, is central to this expansion.
