GEA Group AG

M&A Activity • Mar 31, 2011

News Details

Corporate | 31 March 2011 15:50

GEA Group Aktiengesellschaft: Closing of Bock Kältemaschinen takeover completed

GEA Group Aktiengesellschaft / Key word(s): Mergers & Acquisitions

31.03.2011 / 15:50

Düsseldorf, March 31, 2011 - Effective March 31, GEA Group
Aktiengesellschaft successfully concluded the takeover of Bock
Kältemaschinentechnik GmbH, who are headquartered at Frickenhausen near
Stuttgart in Germany. Like the recent acquisition Convenience Food Systems
the result of Bock will be consolidated for the remaining nine months of
2011 in GEA's statements. On a pro forma basis, however, GEA will in the
future disclose key figures of the acquired business for the whole year.
Revenues of Bock during the prior business year amounted to more than EUR
70 million.

With the acquisition of Bock, GEA has added to its group a leading supplier
of open and semi-hermetic piston compressors for stationary and
transport-related cooling applications. Bock's products are a perfect
complement to GEA's product portfolio in the lower and medium refrigeration
capacity range. The company will be integrated into the GEA Refrigeration
Technologies Segment.

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 2010, GEA generated consolidated revenues in
excess of EUR 4.4 billion, 70 percent of which came from the food and
energy sectors, which are long-term growth industries. The group employed
over 20,000 people worldwide as of December 31, 2010. 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).

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please send an e-mail to pr@geagroup.com or call us on +49
(0)211-9136-1492.

End of Corporate News

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Language: English
Company: GEA Group Aktiengesellschaft
Dorstener Straße 484
44809 Bochum
Deutschland
Phone: +49 (0)234 980-0
Fax: +49 (0)234 980-1004
E-mail: ir@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

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