CHARLOTTE, N.C. -- SPX Corp. has completed the sale of its Filtran business unit, a global leader in automotive filtration solutions, to Madison Capital Partners, for an undisclosed price. SPX has reported this business unit as a discontinued operation since the fourth quarter of 2008.
Filtran was the last remaining SPX business unit that manufactured automotive components. With this divestiture, SPX has completed its strategy to exit the automotive components industry.
