TheagreementtopurchasethecompanywassignedinJanuarythisyear.SPXServiceSolutionsdevelops,manufactures,andsellsserviceequipment,repair-shopaccessories,andsoftwarefortheglobalautomotivemarket.
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The agreement to purchase the company was signed in January this year. SPX Service Solutions develops, manufactures, and sells service equipment, repair-shop accessories, and software for the global automotive market.