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  • 10Jul

    GEA broadens funding base

    GEA Group Aktiengesellschaft has signed a EUR 150 million loan agreement running until 2025 with the European Investment Bank (EIB) to finance its research, development and innovation spending. By utilising the very attractive financing terms currently on offer, GEA is taking early action to diversify and extend the maturity of its already good funding base.

  • 25Jun

    GEA has reported the cancellation of its shares

    GEA Group Aktiengesellschaft has reported the cancellation of all 12,003,304 of its treasury shares acquired in the course of a share buyback program which was completed in February 2018.

  • 13Jun

    GEA has received a binding offer from Altifort to acquire its production site in Château-Thierry

    As part of its “Global Manufacturing Footprint Program” GEA aims to sell the Westfalia Separator Production France SAS entity (WSPF SAS), i.e. its French standard separators production facility (WSPF) and the respective real estate in Château-Thierry (Hauts-de-France region). The administrative offices for GEA’s other activities that are located in Château-Thierry will not be impacted. A binding offer has been submitted by the French industrial group Altifort that was brought in by Nord France Invest.