AI Terminal
GEA Group AG
M&A Activity • Jan 4, 2018
176_rns_2018-01-04_2d9005ef-0a63-488f-80c6-6ed9c8f488e7.html
M&A Activity
Open in ViewerOpens in native device viewer
News Details
Corporate | 4 January 2018 09:30
GEA Group Aktiengesellschaft: GEA closes acquisition of Vipoll
DGAP-News: GEA Group Aktiengesellschaft / Key word(s): Takeover
04.01.2018 / 09:30
The issuer is solely responsible for the content of this announcement.
GEA closes acquisition of Vipoll
Düsseldorf (Germany), January 4, 2018 – GEA completed the acquisition of Vipoll, headquartered in Križevci pri Ljutomeru, Slovenia, which was signed in November 2017. With the acquisition, GEA has added to its group a manufacturer of filling technologies for soft drinks, beer and fresh milk products into glass bottles and cans, as well as pet bottles.
“This acquisition will support our position as a leading global supplier of complete solutions for the beverage industry. The complementarity to our products provides an excellent opportunity to fill a white spot”, explained Jürg Oleas, CEO of GEA.
Corporate Media and Press:
GEA Group Aktiengesellschaft
Dr. Eva Breßler
Peter-Müller-Str. 12, 40468 Düsseldorf, Germany
Phone +49 (0)211 9136-1501
About GEA
GEA is one of the largest suppliers for the food processing industry and a wide range of other industries that generated consolidated revenues of approximately EUR 4.5 billion in 2016. The international technology group focuses on process technology and components for sophisticated production processes in various end-user markets. The group generates around 70 percent of its revenue in the food and beverages sector that enjoys long-term sustainable growth. As of September 30, 2017, the company employed about 17,000 people worldwide. GEA is a market and technology leader in its business areas. The company is listed on the German MDAX (G1A, WKN 660 200). In addition, GEA’s stock is included in the MSCI Global Sustainability Indexes. Further information is available on the Internet at gea.com .
If you do not want to receive any further information from GEA, please send an email to [email protected] .
Contact:
GEA Group Aktiengesellschaft
Phone +49 (0)211 9136 1492
Fax +49 (0)211 9136 31087
gea.com
04.01.2018 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| 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: | Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Munich; Regulated Unofficial Market in Hanover, Stuttgart, Tradegate Exchange |
| End of News | DGAP News Service |