GEA Group AG

M&A Activity • May 2, 2007

News Details

Ad-hoc | 2 May 2007 18:35

GEA Group Aktiengesellschaft sells Lentjes Group

GEA Group Aktiengesellschaft / Disposal

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Bochum, May 02, 2007: The GEA Group is selling its plant engineering
subsidiary Lentjes GmbH, Ratingen, to a subsidiary of A-Tec Industries AG,
a globally active industrial group based in Vienna that specializes in
drive systems, plant engineering and mechanical engineering. A share
purchase agreement to this effect was signed today. In addition to the
purchase price of EUR 1, the buyer has undertaken to inject a double digit
million Euro amount to strengthen Lentjes GmbH's capital base. As far as
the company's existing order book is concerned, the parties to the
transaction have agreed that the opportunities and risks of projects that
are already largely completed will remain for the most part with the
seller, while most of the opportunities and risks arising from projects
with a lower percentage of completion will pass to the buyer. To the extent
known, the GEA Group has made appropriate provisions for the retained
risks. The transaction is still subject to approval by the relevant
antitrust authorities.

DGAP 02.05.2007

Language: English
Issuer: GEA Group Aktiengesellschaft
Dorstener Straße 484
44809 Bochum Deutschland
Phone: +49 (0)234 980-0
Fax: +49 (0)234 980-1004
E-mail: investor.relations@geagroup.com
www: www.geagroup.com
ISIN: DE0006602006
WKN: 660200
Indices: MDAX
Listed: Amtlicher Markt in Berlin-Bremen, Frankfurt (Prime Standard),
Düsseldorf, Hamburg, München; Freiverkehr in Hannover,
Stuttgart

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