SPX Bids to Acquire Swedish Pump Co.

Nov. 9, 2006

SPX Corporation (www.spx.com) tendered an offer to acquire all the shares of Aktiebolaget Custos, a Sweden-based manufacturer of pumps and aerator filters and regulators, for an estimated $155.3 million

SPX Corporation (www.spx.com) tendered an offer to acquire all the shares of Aktiebolaget Custos, a Sweden-based manufacturer of pumps and aerator filters and regulators, for an estimated $155.3 million (US). Custos is a publicly traded company that serves industrial, marine, and HVAC heating and plumbing markets. SPX intends for Custos to operate within the SPX Flow Technology segment.

SPX Corporation is a global provider of flow technology, test and measurement solutions, thermal equipment and services, and industrial products and services.

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