Plc Uutechnic Group acquired by SPX
Acquisition by SPX
January 2021
Sector: Industrial & Business services
Service: M&A
Our role
Arranger of the public takeover offer of UTG Mixing Group from SPX Flow
Buyer
SPX FLOW in a US listed company that offers process technologies that perform mixing, blending, fluid handling, separation, thermal heat transfer and other activities that are integral to processes performed across a wide variety of sanitary and industrial markets. SPX FLOW had sales of approx. USD 1.5 billion in 2019 and operations in more than 30 countries
Target
UTG Mixing Group is a global technology group that provides competitive mixing solutions with a customer-oriented approach, minimising life cycle costs. Its main customer sectors are the chemical, food, metallurgical and fertilizer industries, as well as environmental technology, water treatment and pharmaceuticals. The parent company of UTG Mixing Group is Plc Uutechnic Group Oyj, whose shares are listed on Nasdaq Helsinki