Regulatory Filings • Aug 27, 2009
Regulatory Filings
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Corporate | 27 August 2009 13:15
GEA Group Aktiengesellschaft: GEA receives a big order from the largest dairy foods producer in the Middle East
GEA Group Aktiengesellschaft / Miscellaneous
Announcement, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Bochum/Riyadh, August 27, 2009 - The Process Technology Segment of GEA
Group has received an order in excess of EUR 24 million from Almarai, the
leading dairy foods company in the Middle East. The order covers the
engineering, manufacturing, supply, installation, and commissioning of a
complete processing plant for manufacturing baby food (instant formula) in
Saudi Arabia. Almarai's overall budget for the whole project is approx. EUR
100 million. The factory is expected to be completed in autumn 2010.
Almarai is based in Riyadh, the capital of the Kingdom of Saudi Arabia. It
is quoted on the local stock exchange, Tadawul, and has annual revenues of
more than EUR 900 million. The company is committed to healthy living and
to delivering only the freshest and most delicious products.
GEA Group Aktiengesellschaft is one of the largest pure mechanical
engineering groups in Germany. As an internationally operating technology
group, it concentrates on specialty mechanical engineering with a focus on
process technology and components. Group revenue amounted to EUR 5.2
billion in fiscal year 2008. The Group generated about 50 percent of its
revenue from the long-term growing food and beverage industries. As of June
30, 2009, a workforce of over 20,000 employees served customers in 50
countries. GEA Group is a market and technology leader in 90 percent of its
business areas. GEA Group is listed in the MDAX index (G1A, WKN 660200).
27.08.2009 Financial News transmitted by DGAP
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: [email protected]
Internet: www.geagroup.com
ISIN: DE0006602006
WKN: 660200
Indices: MDAX
Listed: Regulierter Markt in Berlin, Frankfurt (Prime Standard),
Düsseldorf, München, Hamburg; Freiverkehr in Hannover,
Stuttgart
End of News DGAP News-Service
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