Strategic Acquisition Enhances New HVAC Product Development Capabilities
SPX Corporation’s subsidiary, The Marley Company, LLC, recently purchased Patterson-Kelley, a manufacturer and distributor of commercial boilers and water heaters. The strategic acquisition will broaden SPX’s HVAC platform in the high-efficiency boiler segment of the heating market.
Patterson-Kelley will operate as a subsidiary of SPX, and a part of the broader SPX HVAC platform, which consists of products from Weil-McLain, Marley Engineered Products, SPX Cooling Technologies and now Patterson-Kelley.
John Swann, [resident of SPX’s HVAC Heating and Location & Inspection groups, commented, “Patterson-Kelley’s strong brand, technology and high-quality line of commercial boilers and water heaters are the perfect complement to SPX’s HVAC heating platform and Weil-McLain’s existing portfolio of commercial and residential boilers.
Patterson-Kelley is headquartered in East Stroudsburg, Pennsylvania, and has approximately 100 employees.
To learn more about the acquisition, visit https://www.spx.com/spx-announces-purchase-of-patterson-kelley-from-harsco-corporation/.
For more information on Patterson-Kelley, visit www.pattersonkelley.com.