SPX says it completed acquisition of food processing technology company Gerstenberg Schroder

SPX finishes purchase of Gerstenberg Schroder

CHARLOTTE, N.C. — Industrial production company SPX Corp. said Friday it has bought food processing equipment maker Gerstenberg Schroder A/S.

The deal was announced Jan. 11, but financial terms were not disclosed.

Gerstenberg Schroder is based in Denmark, and SPX said it reported $70 million in revenue in 2009.

It will become part of SPX’s flow technology business.

In trading after hours Friday, SPX shares rose a penny to $59.50.