Global Processing

SPX acquires German food technology company

October 24, 2011

CHARLOTTE, N.C. — SPX Corp. announced Friday that it will buy e&e Verfahrenstechnik GmbH, a German company that makes equipment for vacuum-packing and freeze-drying food, Bloomberg reported.

SPX, which makes manufacturing equipment for a variety of industries, said the German company sells mostly to food and drink companies, with a key market being instant coffee, but also to the pharmaceutical and bioenergy industries.

It is based in Warendorf in northwestern Germany and has about 40 employees.