SPX Technologies, parent company of the cooling and heating divisions with brands such as Marley cooling towers, Weil-McLain and Patterson-Kelley, has reached an agreement to acquire ASPEQ Heating Group from Industrial Growth Partners, a San Francisco-based private equity firm, met.
ASPEQ becomes part of SPX Technologies’ HVAC heating platform within the Electric Heating business and joins Marley Engineered Products.
The ASPEQ heating group provides electric heating solutions for industrial and commercial markets under brands such as: INDEECO, Heatrex, AccuTherm, Brasch, Spectrum, BannerDay PipeHeating, BBC and Solar Products.
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