SPX Corporation  announced that its Flow Technology segment has entered into a definitive agreement with Anhydro A/S and Anhydro Holding A/S to acquire the Anhydro business, a Soeborg, Denmark-based global supplier of liquid concentration equipment, powder processing solutions and dewatering plants and equipment. The terms of the acquisition were not disclosed, and completion of the transaction is expected by the end of the third quarter 2010, subject to customary closing conditions and regulatory approvals.

"Our process equipment business continues to be a key component of our growth strategy and this acquisition helps strengthen our global food, pharmaceutical and processing technology equipment offerings and systems capabilities," said SPX Chairman, President and Chief Executive Officer Christopher J. Kearney.

This transaction includes all of Anhydro's business units with the exception of its Danish Filter business, Simatek A/S, and its German, U.K., and U.S. operations, as well as certain individual projects. The acquired business units employ 225 employees and are expected to generate 2010 full year revenue of approximately 85 million Euros.

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