SPX Corp. announced that it has sold the remaining portion of its DeZurik product line to Sartell Valves Inc., a Minnesota-based water and wastewater treatment company. Formerly part of SPX's flow technology segment, this DeZurik product line of industrial valves was previously reported as a discontinued operation at the end of the third quarter 2008. In an earlier transaction at the end of 2004, SPX sold to Sartell Valves Inc. a separate line of DeZurik valves aimed at the water and wastewater treatment industries. The terms of the sale were not disclosed.
Acquisitions & Expansions…SPX Corp.
March 1, 2009