US company buys NZ engineer with one eye on Fonterra
Auckland-based BW Murdoch Ltd, has been sold to a big American company.
Auckland-based BW Murdoch Ltd, has been sold to a big American company.
One of the nation's leading engineering firms involved in food and drink processing, Auckland-based BW Murdoch Ltd, has been sold to a big American company.
The price paid by North Carolina-based SPX Flow Technology was not disclosed.
Best known for its design and construction of dairy processes, Murdoch also had extensive experience in beverage and bio-tech markets.
SPX president Don Canterna said in a statement that the New Zealand company would boost its process engineering and project management capabilities in the region.
"This strategic acquisition enhances SPX's ability to leverage combined resources to serve key customers, such as Fonterra, on a global scale," Mr Canterna said.
His company had annual revenues of $US5 billion and employs 15,500 workers in 35 countries.
Murdoch -- now part of SPX -- had offices in Auckland, Tauranga and a workshop in Edgecumbe and was headed by managing director Brett Murdoch.
The company originally set up in 1975 as an electrical engineering consultancy business, but in 1992 extended its services to include process contracting on a design and build basis.
NZPA
Fri, 11 Mar 2011
Fri, 11 Mar 2011
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US company buys NZ engineer with one eye on Fonterra
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