|
|
Article: SPX Subsidiary to Acquire Assets of Yuba Heat Transfer LLC.
- Article from:
- PR Newswire
- Article date:
- November 3, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Strengthens Company's Heat Exchanger Business Serving Global Power Generation Industry
CHARLOTTE, N.C., Nov. 3 /PRNewswire-FirstCall/ -- SPX Corporation today announced that its SPX Heat Transfer Inc. subsidiary has entered into a definitive agreement with Connell Limited Partnership and Yuba Heat Transfer LLC ("Yuba") to acquire substantially all the assets and certain liabilities of Yuba, a leading global supplier of heat transfer equipment and related technology for the power generation industry. The terms of the transaction were not disclosed, but completion of the transaction is subject to customary closing conditions, including receipt of regulatory ...