Advertise With UsAdvertise on our extensive network of industry websites and newsletters.
Get the PBR newsletterSign up to our free email to get all the latest PBR
news.SPX Corporation has acquired Anhydro business, a company that supplies a range of evaporation and drying solutions for pharmaceutical, dairy, food and starch producers, and for the chemical industries worldwide.
Subscribe to our email newsletter
SPX said that the transaction includes all Anhydro’s business units with the exception of its Danish Filter business, Simatek, and its German, UK and US operations, as well as certain individual projects.
SPX had entered into a definitive agreement to acquire Anhydro on June 18, 2010. Anhydro is expected to operate within SPX’s Flow Technology segment.
Christopher Kearney, president, chairman and CEO of SPX, said: “The addition of Anhydro broadens our technology equipment offerings and systems capabilities and strengthens our ability to serve customers in the global food, pharmaceutical and chemical processing end markets.
“This strategic transaction also builds on our recent acquisition of Gerstenberg Schroder and underscores our commitment to expanding our Flow Technology segment, which remains a key component of our global growth strategy.”