SPX Corporation Acquires International Tower Lighting, LLC
April 11, 2022
SPX Corporation has completed the acquisition of International Tower Lighting, LLC (ITL), a La Vergne, Tennessee–based designer and manufacturer of obstruction lighting systems and tower monitoring services. ITL (approximately $18 million revenue) will be reported as part of SPX's AtoN platform within its Detection & Measurement segment and is expected to modestly accrete segment margin.
- Buyers
- SPX Corporation
- Targets
- International Tower Lighting, LLC
- Industry
- Manufacturing
- Location
- Tennessee, United States
- Transaction Type
- Buyout
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