Chronicle of GEA
The new GEA
|2014||GEA Group concludes agreement for the sale of its Heat Exchangers segment to Triton. New structure for GEA segments. Focus on food industry. Adoption of GEA 2020 group strategy.|
|2011||Acquisition of Convenience Food Systems (CFS), headquartered in Bakel, Netherlands. Integration of CFS into GEA as the 6th segment; GEA Food Solutions.|
|2010||GEA to streamline the group structure. Centralization of all heat exchanger activities. Nine divisions become five segments: GEA Farm Technologies, GEA Refrigeration Technologies, GEA Process Engineering GEA Mechanical Equipment, GEA Heat Exchangers.|
|2008||New structure with new divisions: Air Treatment, Refrigeration, Process Equipment, Mechanical Equipment, Farm Systems, Thermal Engineering, Process Engineering, Emission Control, Pharma Systems. "GEA" as a corporate master brand.|
|2007||Sale of Plant Engineering segment.|
|2005||Change in company name from mg technologies ag to GEA Group Aktiengesellschaft. Disposal of the Dynamit Nobel Plastics business unit.|
Reconstruction and Globalization
|2004||Disposal of the Chemicals division: sale of four of the five business units to Dynamit Nobel AG.
|2003||Strategic realignment of the Group, focusing on specialty mechanical engineering; especially process engineering and equipment and on plant engineering.
|2000||Metallgesellschaft AG becomes mg technologies ag
|1999||Metallgesellschaft acquires GEA AG.
|1994||Start of a fundamental realignment of the MG Groupturning it into an innovative technology group. Disposal of around 300 companies in the Group between 1994 and 1996. Focus on engineering and chemicals.|
|1993||Heavy losses on oil transactions in the U.S. plunge MG into a crisis.|
|1992||MG enters the field of special chemistry with the acquisition of Dynamit Nobel AG. The MG Group has 63,000 employees generating sales of around EUR13 billion..|
|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.
|1989||GEA goes public.|
|1945-1980||Following reconstruction, numerous product innovations ensure increasing commercial success
|1939-1945||Extensive destruction of MG and GEA production facilities.
|1920||Gesellschaft für Entstaubungsanlagen (GEA), a company producing dedusting equipment, founded.
|1928||Large proportion of foreign investments lost in the First World War. Start of chemicals trading.
|1882-1914||MG becomes a global player represented on all continents. Investments in mines and metallurgical plants. Metallurgische Gesellschaft (Lurgi) founded.
|1881||Metallgesellschaft AG (MG) established as a metal trading company.|