M&A Activity • Apr 25, 2012
M&A Activity
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Corporate | 25 April 2012 15:30
GEA Group Aktiengesellschaft: GEA closes takeover of Aseptomag
GEA Group Aktiengesellschaft / Key word(s): Acquisition
25.04.2012 / 15:30
GEA closes takeover of Aseptomag
Düsseldorf, April 25, 2012 – Effective April 24, GEA successfully concluded the takeover of Aseptomag, headquartered in Kirchberg, Switzerland. With the acquisition of Aseptomag, GEA has added to its group one of the world's leading suppliers of aseptic and hygienic valves, valve modules, and system solutions. Its customers are mostly dairy, beverage, and food companies, but also include the pharmaceutical, chemical, and cosmetic industries. In the second quarter the company will be integrated into the GEA Mechanical Equipment Segment.
**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.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
End of Corporate News
25.04.2012 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG.
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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: | [email protected] |
| 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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| 166585 25.04.2012 |
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