PRESS

CHARLOTTE, N.C. Oct. 23, 2009 /PRNewswire-FirstCall/ -- SPX Corporation (NYSE: SPW) today announced that it has completed the sale of its Filtran business unit, a global leader in automotive filtration solutions, to Madison Capital Partners, for an undisclosed price.

Experts in plastics manufacturing, Madison Capital Partners doesn’t shy away from running companies, even if it takes them to distant locales.

CHICAGO —It’s official: Chicago investment group Madison Capital Partners has purchased Mannesmann Plastics Machinery GmbH, in a deal announced July 5, as Madison vaults up to become the world’s largest maker of plastics equipment.

LUXEMBOURG —Demag Holding S.à.r.l. of Luxembourg has agreed to sell mannesmann plastics machinery (mpm), based in Munich, to its management and strategic investors represented by Chicago based Madison Capital Partners (Madison).

API Heat Transfer, a Cheektowaga heat exchanger manufacturer, has been acquired by Madison Capital Partners, a Chicago investment firm, in a deal worth $66 million.

MALGESSO, ITALY — Madison Capital Partners, which last year bought U.S. tubing and gasket extruder Holm Industries, Inc., has merged the company with an Italy-based counterpart, Industrie Ilpea SpA.

Private investment group Madison Capital Partners of Chicago has purchased Cooper's Holm Industries Inc., an extruder of plastic sealing and tubing products for the automotive, construction and appliance industries.