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SPX Technologies acquires TAMCO for $170 million

SPX Technologies Inc. has acquired privately held T. A. Morrison & Co. Inc. (TAMCO) for approximately $170 million (approximately US$125 million) in cash.

Headquartered in Smiths Falls, Ontario, Canada, TAMCO is a market leader in motorized and non-motorized dampers that control airflow in large-scale specialty applications in commercial, industrial, and institutional markets. 

TAMCO, which has operations in Canada and the US, is well-known for its eco-friendly solutions, which provide very low levels of air leakage in critical thermal applications, such as data centers and healthcare facilities.

 

Company

SPX Technologies Inc.

Law Firm / Organization
Miller Thomson LLP

Company

T. A. Morrison & Co. Inc. (TAMCO)

Law Firm / Organization
T. A. Morrison & Co. Inc. (TAMCO)
Merger & Acquisition
Tech/Computer/IT
$ 170,000,000
Active