GEA Group Aktiengesellschaft: GEA acquires Swiss specialist in aseptic valves
(firmenpresse) - GEA Group Aktiengesellschaft / Key word(s): Enterprise/
GEA Group Aktiengesellschaft: GEA acquires Swiss specialist in aseptic
valves
DGAP-Media / 15.03.2012 / 13:30
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GEA acquires Swiss specialist in aseptic valves
Düsseldorf, March 15, 2012 - GEA has acquired Aseptomag, one of the world's
leading suppliers of aseptic and hygienic valves, valve modules, and system
solutions. Based in Kirchberg, Switzerland, the company had a workforce of
35 employees and generated revenue of around CHF 19.5 million in the last
fiscal year. Aseptomag's customers are mostly dairy, beverage, and food
companies, but also include the pharmaceutical, chemical, and cosmetic
industries. The company will be integrated into the GEA Mechanical
Equipment Segment. The transaction will be financed through GEA Group's
existing credit facilities and is still subject to approval by the relevant
antitrust authorities. GEA expects to complete the acquisition in Q2 2012.
This acquisition will help GEA expand its expertise in the fast-growing
area of sterile and aseptic applications and increase its components
offering for its core market - food. 'Aseptomag is a strong addition to our
existing product portfolio. Our worldwide sales network offers new market
opportunities for Aseptomag products,' explained Niels Graugaard, the
member of the Executive Board of GEA Group Aktiengesellschaft who is
responsible for the process technology sector.
About GEA Group
GEA Group Aktiengesellschaft is one of the largest suppliers of process
technology and components for the food and energy industries. As an
international technology group, the Company focuses on sophisticated
production processes. In 2011, GEA generated consolidated revenues in
excess of EUR 5.4 billion, 70 percent of which came from the food and
energy sectors, which are long-term growth industries. The group employed
about 23,000 people worldwide as of December 31, 2011. GEA Group is a
market and technology leader in its business areas. It is listed in
Germany's MDAX stock index (G1A, WKN 660 200). Further information is
available on the Internet at: www.geagroup.com.
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please send an e-mail to pr(at)geagroup.com or call us on +49-211-9136-1492.
Contact:
GEA Group Aktiengesellschaft
Phone +49 (0)211 9136 1492
Fax +49 (0)211 9136 31087
www.geagroup.com
End of Media Release
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Language: English
Company: GEA Group Aktiengesellschaft
Peter-Müller-Straße 12
40468 Düsseldorf
Germany
Phone: +49 (0)211 9136-0
Fax: +49 (0)211 9136-31087
E-mail: ir(at)geagroup.com
Internet: www.geagroup.com
ISIN: DE0006602006
WKN: 660200
Listed: Regulierter Markt in Berlin, Düsseldorf, Frankfurt (Prime
Standard), Hamburg, München; Freiverkehr in Hannover,
Stuttgart
End of News DGAP-Media
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