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Press release content from Globe Newswire. The AP news staff was not involved in its creation. SPX Announces Acquisition of Sealite Pty Ltd SPX CorporationApril 19, 2021 GMT CHARLOTTE, N.C., April 19, 2021 (GLOBE NEWSWIRE) SPX Corporation (“SPX”) (NYSE: SPXC) today announced that it has completed the acquisition of Sealite Pty Ltd (“Sealite”) and affiliated entities, including Avlite Systems and Star2M Pty Ltd. Sealite is a leader in the design and manufacture of marine and aviation Aids to Navigation (“AtoN”) products, with headquarters in Somerville, Australia and operations in the United States, Singapore, Colombia and the United Kingdom. Sealite’s results will be reported as part of SPX’s AtoN platform within its Detection & Measurement segment. SPX anticipates updating 2021 guidance to reflect Sealite when reporting Q1 2021 results on May 6th, and currently anticipates that Sealite will contribute annualized revenue in a range of $30 million to $40 millio

North carolinaUnited statesUnited kingdomPaul cleggChris procterYork stock exchangeFm pty ltdSealite pty ltdNew york stock exchangeAvlite systemsGene loweAsia pacificChief executive officerMedia contactsVice presidentInvestor relations