SPX Flow sold Power and Energy business

SPX Flow Inc has completed the sale of its Power and Energy segment to funds managed by affiliates of Apollo Global Management Inc.
The sale is part of SPX Flow’s strategy to focus on process solutions for essential sanitary and industrial process markets. Approximately 50% of SPX Flow’s sales are now in sanitary markets such as food and beverage, pharmaceuticals, water and personal care and 50% in industrial markets such as specialty chemical processing, air treatment and mining. 
With the sale of the Power and Energy segment, SPX Flow’s brands now include Anhydro, APV, Bolting Systems, Bran+Luebbe, Delair, Deltech, Gerstenberg Schroder, Globe, Hankison, Hytec, Johnson Pump, Johnson Pump Marine, Lightnin, Plenty, Pneumatic Products, Power Team, Seital Separation, SPX Rail Systems, Stone, Tigerholm and Waukesha Cherry-Burrell.