Search by
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.
Parties
Company
SPX Technologies Inc.
Company
T. A. Morrison & Co. Inc. (TAMCO)
Deal Type
Merger & AcquisitionIndustry
Tech/Computer/ITTransaction
$ 170,000,000Deal Status
ActiveClosing Date