Baldwin Technology Co. Inc. last month said it agreed to acquire rival Oxy-Dry Corp.

No financial or operational details were released about the transaction, which is expected to close within 30 days, according to Baldwin.

“The acquisition of Oxy-Dry is an important step in the continuing process of building Baldwin’s presence in its core market segment of accessories and controls,” said Gerald A. Nathe, Baldwin’s chairman and chief executive officer, in a statement. “Oxy-Dry is a well-known and well-respected name in the industry, particularly with its brush blanket cleaning technology. We are pleased to have Oxy-Dry become a part of Baldwin Technology.”

Baldwin said privately held Oxy-Dry posted revenues of about $38 million last year. It has manufacturing offices in Itasca, Ill., and Egelsbach, Germany.