Acquisitions & Mergers …SPX Corp.
SPX Corp. announced that its Flow Technology segment has entered into a definitive agreement to acquire Gerstenberg Schröder A/S, a leading designer, manufacturer, installer and servicer of processing systems and components serving the global food industry. Privately-held Gerstenberg Schröder had annual revenues of approximately $65 million in 2008. The terms of the transaction were not disclosed, and completion of the transaction is subject to customary closing conditions.
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