---
schema_version: "secwatch.filing_event.v1"
accession: "0000088205-21-000033"
form_type: "8-K"
ticker: "SPXC"
cik: "0000088205"
company_name: "SPX Technologies, Inc."
filed_at: "2021-10-04T23:59:59+00:00"
generated_at: "2026-06-28T23:40:11.276035+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SPX completes sale of Transformer Solutions unit to Prolec GE for $645M

## Summary
- Sale price of $645 million includes assumed debt and is subject to working capital adjustment.
- Transaction closed on October 4, 2021; SPX expects to pay taxes on gain in 2022.
- Divestiture sharpens SPX's focus on its HVAC and Detection & Measurement segments.
- Prolec GE is a joint venture of GE and Xignux S.A. de C.V.

## SEC filing metadata
- accession: 0000088205-21-000033
- form_type: 8-K
- ticker: SPXC
- cik: 0000088205
- company_name: SPX Technologies, Inc.
- filed_at: 2021-10-04T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/88205/000008820521000033/0000088205-21-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/88205/000008820521000033/spxc-20211004.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000088205-21-000033
- JSON: https://secwatch.observer/filing/0000088205-21-000033.json
- Plain text: https://secwatch.observer/filing/0000088205-21-000033.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.