GEA Group AG

Regulatory Filings • Sep 30, 2014

News Details

Corporate | 30 September 2014 11:45

GEA Group Aktiengesellschaft: GEA to build Fonterra’s next mega dairy powder plant

GEA Group Aktiengesellschaft / Key word(s): Incoming Orders

30.09.2014 / 11:45

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GEA to build Fonterra’s next mega dairy powder plant

Düsseldorf, September 30, 2014 – GEA will build Fonterra’s next large milk powder plant in Lichfield, New Zealand. With an output capacity of 30 tonnes per hour, this plant will match the size of the world’s biggest existing dairy plant which GEA built for Fonterra at Darfield, New Zealand in 2013. GEA’s scope of supply has a value of around EUR 90 m.

Less than a year after commissioning the world’s largest dairy powder plant, dairy giant Fonterra again announced ambitious investment plans to meet continued growth of dairy consumption in China and other export destinations. Among these, GEA was mandated to build a large dairy powder plant at Lichfield, in the heart of New Zealands dairy land.

“We are honored that Fonterra again chose us as their process technology provider,” said Juerg Oleas, CEO of GEA Group. “When you face a technical challenge of this magnitude, experience of course helps. We have proven before that we can do this successfully. It is inspiring for us to partner with industry leaders such as Fonterra whose ambitious visions help set new technical standards.”

Upon completion, the Lichfield plant shall process 4.4 million litres of raw milk into 700 tonnes of milk powder per day, entirely intended for export into the fast growing markets in China, South East Asia and the Middle East. Demand for milk powder has been rising in these markets for some time and is expected to continue to grow there.

About Fonterra

The New Zealand dairy co-operative Fonterra is a worldwide leader in processing milk into powder, producing more than two million tons annually of value added and specialty dairy ingredients, as well as own consumer dairy products. The company holds about 40% market share of all internationally traded milk powder. At present, the company processes more than 90% of all milk produced in New Zealand.

About GEA Group

GEA Group Aktiengesellschaft is one of the largest suppliers of equipment for the food industry as well as a wide range of other process industries. As an international technology group, the Company focuses on process technology and components for sophisticated production processes. In 2013, GEA generated consolidated revenues in excess of EUR 4.3 billion, more than 70 percent of which came from the food sector, which is a long-term growth industry. The group employed about 18,000 people worldwide as of June 30, 2014. 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) and the STOXX (R) Europe 600 Index. Further information is available on the Internet at: www.gea.com .

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Contact:

GEA Group Aktiengesellschaft

Phone +49 (0)211 9136 1492

Fax +49 (0)211 9136 31087

www.gea.com

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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@gea.com
Internet:	www.gea.com
ISIN:	DE0006602006
WKN:	660200
Indices:	MDAX
Listed:	Regulierter Markt in Berlin, Düsseldorf, Frankfurt (Prime Standard), Hamburg, München; Freiverkehr in Hannover, Stuttgart

End of News	DGAP News-Service

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