Regulatory Filings • Jun 16, 2009
Regulatory Filings
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Corporate | 16 June 2009 12:45
GEA awarded with contracts from Naabtaler Dairy and Lakeland Dairies
GEA Group Aktiengesellschaft / Miscellaneous
Announcement, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Copenhagen, June 16, 2009 - Despite hard times in European dairy industry
on the domestic markets and within export, some companies are still
investing. The Process Technology Segment of the GEA Group is getting its
share and has been awarded with contracts from leading dairies in Germany
and Ireland.
One of the new projects is for Lakeland Dairies and the new project located
in Bailieboro, Ireland, will be designed and provided by GEA's Process
Engineering Division. GEA Process Engineering Ireland will provide
coordination of the complex order at a value of approx. EUR 11 million, but
other GEA Process Engineering companies will also contribute to the order.
The new facilities will focus on the manufacturing of various dairy-based
powders such as whole milk powder, skim milk powder and buttermilk powder.
Site construction is expected to start in July 2009. Commercial production
is scheduled for the end of the first quarter of 2010.
The other project is a complete cheese plant project that the German
company Naabtaler Dairy has awarded to GEA TDS, Büchen/Germany. The
complete plant is planned ready for full production by February 2010.
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 this
revenue from the long-term growing food and beverages industries. As of
March 31, 2009, a workforce of over 21,000 employees served customers in
more than 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).
16.06.2009 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, Hamburg, München; Freiverkehr in Hannover,
Stuttgart
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