Friday, October 26, 2012

GEA strengthens position in refrigeration components


Bochum (ots) - GEA Group Aktiengesellschaft has its Division
Refrigeration technology through the acquisition of Eurotek Engineering Ltd.. with
Based in Norwich, UK, further strengthened. Eurotek is a
leader in refrigeration and freezing equipment in the
Food production, and in 2007 with 21
Employees generated sales of about EUR 8 million. The
Acquisition became the 16th January 2009 completed.



The acquisition of Eurotek follows the strategy in future
To take over companies, the technological portfolio of GEA
or complement and strengthen the regional market coverage. Specifically, the
Refrigeration and freezing equipment for the food industry
an important growth area of ​​the GEA Refrigeration Division. The GEA
had in this area, most recently in 2007, the Canadian Aerofreeze
acquired in the past year and the Aerofreeze Europe in France
founded. The acquisition of Eurotek is the Refrigeration Division
ideal supplement in Europe and further growth and synergies
allow.

The main activities include the development of Eurotek,
Installation and servicing of refrigeration systems used in industry
such as spiral, tunnel or carton freezers. These systems
serve food or other products in permanent
industrial production processes, cool or freeze. The
Products of Eurotek be in the whole area
Food processing, such as in dairies, in
Processing of fish and seafood, meat and poultry, and
bread in factories and in the manufacture of prepared meals
employed. The company has a high reputation in Europe and
also served markets in the Middle East and Asia.

The GEA Refrigeration is one of the world's leading
Companies in the field of industrial refrigeration. The
Development companies in the division, install, manufacture and
wait innovative systems and components for industrial
Refrigeration equipment for the food and beverage industry, the
Food storage and distribution as well as for the oil, gas and
chemical industry. The focus is on quality,
Reliability and operating costs for the customer, where the
industrial refrigeration significant proportions of their
Main process represents. The division employs approximately 3,800
Employees worldwide in more than 45 countries.

GEA Group Aktiengesellschaft is Germany's largest
listed mechanical engineering group. She is an internationally
operating technology group, the special purpose machinery
Focus on process technology and components concentrated. In the
Fiscal year 2007 the company turnover was 5.2 billion euros. More
than 50 percent of consolidated sales in the high
growing food and beverage industry. At 30 September
2008, the company employed more than 21,000 people in 50
Countries. In 90 percent of its business to the GEA Group
the market and technology leaders. The GEA Group is in German
MDAX index (G1A, WKN 660200).