Year: 2021

Approximate Annual Revenue of $60-70 million;Attractive Potential for Further Expansion in Engineered Air Quality CHARLOTTE, N.C., Dec. 16, 2021 (GLOBE NEWSWIRE) — SPX Corporation (NYSE:SPXC) announced today that it has completed the acquisition of Cincinnati Fan & Ventilator Co., Inc. (“Cincinnati Fan”), a leader in engineered air quality solutions, including blowers and critical exhaust systems. Under the terms of the purchase agreement, a subsidiary of SPX merged into Cincinnati Fan for consideration of $145 million in cash, which includes consideration for the estimated value of certain tax assets associated with the acquisition. SPX currently anticipates revenue from Cincinnati Fan in a range of $60-70 million in 2022. Once fully integrated, SPX anticipates that the acquisition will be accretive to its HVAC segment margin. “We...

Fort Lauderdale, Dec. 16, 2021 (GLOBE NEWSWIRE) — Cross Keys Capital, a leading investment bank and M&A advisor to physician group practices, and healthcare services and technology companies, acted as the exclusive sell-side M&A advisor to Dr. Pimple Popper, Board-Certified Dermatologist Dr. Sandra Lee, and Skin Physicians & Surgeons, in their partnership with Forefront Dermatology, a portfolio company of OMERS Private Equity. The Cross Keys team, which has extensive experience with dermatology transactions, included Jeanne Proia, Managing Director, and Chris Gammill, Senior Associate. Headquartered in Upland, California, Skin Physicians & Surgeons is home to celebrity dermatologist Dr. Sandra Lee, known on television and social media as “Dr. Pimple Popper.” Skin Physicians was founded by Dr. Jeffrey Rebish...

SAINT-HUBERT, Quebec, Dec. 16, 2021 (GLOBE NEWSWIRE) — Urbanimmersive Inc. (“Urbanimmersive”, the “Company” or “UI”) (TSX VENTURE: UI) (OTCQB: UBMRF) is pleased to announce having completed the acquisition of all the shares outstanding of the real estate photography agency Agento Marketing (‘Agento’) for a purchase price of $1.2M, paid through the immediate issuance of 1,518,987 shares of the Company at a price of $0.79 per share plus a contingent share payment (earn-outs) totaling up to $600k payable in 12 months and conditional on Agento minimum revenue growth and EBITDA margin milestones to be met over the next year. All shares issued today are subject to a minimum 4-month hold period until April 16, 2022. Agento is a fast-growing and profitable real estate photography service business strategically located in the...

Companies covered in ammonia market are Yara International ASA (Oslo, Norway), China National Petroleum Corporation (Beijing, China), Koch Fertilizer, LLC (Kansas, the U.S.), Qatar Petroleum (Doha, Qatar), Nutrien Ltd. (Saskatoon, Canada), Rashtriya Chemicals and Fertilizers Limited (RCFL) (Mumbai, India), Praxair Technology, Inc. (Connecticut, the U.S.), EuroChem Group (Zug, Switzerland), SABIC (Riyadh, Saudi Arabia), CF Industries Holdings, Inc. (Illinois, the U.S.), BASF SE (Ludwigshafen, Germany) and more players profiled. Pune, India, Dec. 16, 2021 (GLOBE NEWSWIRE) — According to Fortune Business Insights™, the global ammonia market size is projected to reach USD 110.93 billion by 2028, exhibiting a CAGR of 6.4%during the forecast period. As per the research the market’s value was estimated to be USD 67.01 billion in 2020...