GEA Group
 
Segments

GEA Food Solutions

GEA Farm Technologies

GEA Heat Exchangers

GEA Mechanical Equipment

GEA Process Engineering

GEA Refrigeration Technologies

 

Chronicle of GEA

Roots
1881 Metallgesellschaft AG (MG) established as a metalstrading company.
1882-1914 MG becomes a global player represented on all continents.
Investments in mines and metallurgical plants.
Metallurgische Gesellschaft (Lurgi) founded.
1918 Large proportion of foreign investments lost in the First World War.
Start of chemicals trading.
1920 Gesellschaft für Entstaubungsanlagen (GEA), a company producing dedusting equipment, founded.
1939-1945 Extensive destruction of MG and GEA production facilities.
1945-1980 Following reconstruction, numerous product innovation sensure increasing commercial success.
Reconstrucction and Globalization
1989 GEA goes public.
1991-1995 More intense acquisition activity in GEA (including Grasso, Niro,Westfalia Separator and Tuchenhagen).
GEA sales increase to EUR 2 billion with 17,000 employees.
1992 MG enters the field of special chemistry with the acqui-sition of Dynamit Nobel AG.
The MG Group has 63,000 employees generating sales of around EUR13 billion.
1993 Heavy losses on oil transactions in the U.S. plunge MGinto a crisis.
1994 Start of a fundamental realignment of the MG Groupturning it into an innovative technology group.
Up to 1996 disposal of around 300 companies in the Group.
Focus on engineering and chemicals.
1999 Metallgesellschaft acquires GEA AG.
2000 Metallgesellschaft AG becomes mg technologies ag.
2003 Strategic realignment of the Group focusing on specialty mechanical engineering, especially process engineering and equipment and on plant engineering.
2004 Disposal of the Chemicals division: sale of four of the five business units in Dynamit Nobel AG.
The new GEA
2005 Change in company name from mg technologies ag to GEA Group Aktiengesellschaft.
Disposal of the DynamitNobel Plastics business unit.
2007 Sale of Plant Engineering Segment.
2008 "GEA" as corporate master brand.
2010 GEA to streamline the group structure, centralization of all heat exchanger activities, 9 divisions become 5 segments.
2011 Acquisition of Convenience Food Systems (CFS), headquartered in Bakel, Netherlands, and integration as today's 6th segment "GEA Food Solutions"
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33.00 EUR (Xetra)
Apr 24, 2014
at 17:35 h

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