CHARLOTTE, N.C., March 9, 2011 /PRNewswire/ -- SPX Corporation (NYSE: SPW) today announced that it has completed the acquisition of B.W. Murdoch Ltd, a leading engineering company supplying processing solutions for the food and beverage industry. The company is based in Auckland, New Zealand. Terms of the acquisition were not disclosed.
Murdoch's engineering team has decades of experience in the New Zealand dairy, beverage and bio-tech markets, providing engineering solutions with global standards and capabilities. The company is a leader in the design and construction of dairy processes.
"B.W. Murdoch greatly increases our process engineering and project management capabilities in the region," said Don Canterna, President, SPX Flow Technology. "Combined with the global platform and innovative technologies of SPX, this strategic acquisition enhances our ability to leverage combined resources to serve key customers, such as Fonterra, on a global scale. This is also an example of our investment and long-term commitment not only in New Zealand, but in the Asia Pacific region."
New Zealand is one of the world's leading exporters of dairy products, responsible for more than one third of international dairy trade. Fonterra is its leading dairy cooperative, with a capacity of 20 billion liters of milk annually. Fonterra represents more than 10,500 New Zealand dairy farmers and supplies dairy products in more than 140 countries.
B.W. Murdoch is now part of the SPX Flow Technology segment.
Based in Charlotte, North Carolina, SPX Corporation (NYSE: SPW) is a global Fortune 500 multi-industry manufacturing leader with nearly $5 billion in annual revenue, operations in more than 35 countries and approximately 15,500 employees. The company's highly-specializ
|SOURCE SPX Corporation|
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