March 1, 2010 (FinancialWire) — SPX Corp. (NYSE: SPW) said that it has completed the acquisition of Gerstenberg Schroder A/S, a designer, manufacturer, installer and servicer of processing systems and components serving the global food industry. The terms of the transaction were not disclosed.

Privately-held Gerstenberg Schroder had fiscal 2009 revenues of around $70 million, according to SPX.

The company is a supplier of processing lines for the manufacture of products such as margarine, butter, spreads and shortening. In addition, the company supplies emulsified food products such as mayonnaise, sauces and dressings.

North Carolina-based SPX offers products and technologies used to support various sources of power generation, including coal and natural gas, nuclear, solar and geothermal.

The company’s product portfolio includes cooling systems for power plants, food processing components and systems serving the global food and beverage industry. It also makes process equipment that assists a range of flow processes including oil and gas exploration, distribution and refinement and power generation; handheld diagnostic tools that aid in vehicle maintenance and repair; and power transformers that allow utility companies to regulate electric voltage, transmission and distribution.

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