Investment
Features
FeesSafety
Academy
More
Pluang+

SPX Technologies acquires Neptronic for $430M to boost HVAC control and air management solutions.

Company Fundamentals
23 Jul 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

SPX Technologies has completed the acquisition of Neptronic Inc. for approximately $430 million in cash. Neptronic, based in Montreal with around 300 employees, specializes in engineered HVAC solutions such as intelligent controls, electric duct heaters, and humidifiers, serving critical sectors like data centers and healthcare. This acquisition expands SPX's HVAC segment, enhancing its portfolio with advanced control and thermal management products and enabling more integrated HVAC solutions globally. SPX plans to accelerate Neptronic's growth by leveraging its resources and channels while maintaining Neptronic's innovative culture, with updated financial guidance expected on July 30, 2026.

More News

Viomi receives Nasdaq notice for ADS price below $1, must regain compliance by Jan 2027

Viomi receives Nasdaq notice for ADS price below $1, must regain compliance by Jan 2027

Viomi Technology announced it received a Nasdaq notice because its American Depositary Shares (ADS) closed below $1.00 for 30 consecutive business days, failing to meet Nasdaq's minimum bid price rule. The company has 180 days, until January 19, 2027...

Market News
Bearish
1 hour ago
Shell buys back 75,000 shares at around £33 each as part of ongoing buy-back program.

Shell buys back 75,000 shares at around £33 each as part of ongoing buy-back program.

On July 22, 2026, Shell plc purchased 75,000 of its own shares for cancellation at an average price of £33.04 per share on the London Stock Exchange. This transaction is part of Shell's previously announced share buy-back program initiated on May 7, ...

Company Fundamentals
Bullish
2 hours ago
Global implantable cardiac fluorine-free resins market to reach $4.26B by 2035 with 10.8% CAGR

Global implantable cardiac fluorine-free resins market to reach $4.26B by 2035 with 10.8% CAGR

The global market for implantable cardiac fluorine-free resins is projected to grow from $1.52 billion in 2025 to $4.26 billion by 2035, at a compound annual growth rate of 10.8%. This growth is driven by rising cardiovascular disease rates, aging po...

Market News
Bullish
2 hours ago
Wolters Kluwer repurchases 107,794 shares for €6.6M as part of its 2026 buyback program.

Wolters Kluwer repurchases 107,794 shares for €6.6M as part of its 2026 buyback program.

Wolters Kluwer repurchased 107,794 of its ordinary shares between July 16 and July 22, 2026, spending €6.6 million at an average price of €61.23 per share. This buyback is part of a larger 2026 program aiming to repurchase up to €500 million worth of...

Company Fundamentals
Bullish
3 hours ago
Bread Financial declares Q3 2026 dividends on preferred and common stock.

Bread Financial declares Q3 2026 dividends on preferred and common stock.

Bread Financial Holdings, Inc. announced quarterly dividends for Q3 2026 on its preferred and common stock. The preferred Series A stock will pay $21.56 per share, and Series B will pay $30.32 per share, both payable on September 15, 2026, to shareho...

Company Fundamentals
Neutral
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App