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SPX completes acquisition of Gerstenberg Schröder |
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Wednesday, 10 March 2010 |
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SPX Corporation recently announced that it has completed the acquisition of Gerstenberg Schröder A/S, a leading designer, manufacturer, installer and servicer of processing systems and components serving the global food industry. Gerstenberg Schröder will operate within SPX's Flow Technology segment.
"The addition of Gerstenberg Schröder strengthens our growing process equipment business by expanding our global food processing technology, equipment offerings and systems capabilities," said SPX Chairman, President and Chief Executive Officer Christopher J. Kearney. "The acquisition also further enhances our design competencies for the turnkey, scalable food processing systems. Food manufacturers are increasingly seeking these kinds of systems to help optimize the production quality, efficiency, reliability and scale of their operations."
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