Corporate press release

GEA concludes the sale of its production site in Château-Thierry

01 Oct 2018

GEA successfully concluded the sale of its GEA Westfalia Separator Production France SAS entity, i.e. its French standard separators production facility and the respective real estate in Château-Thierry (Hauts-de-France region) to the French industrial group Altifort as planned.

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This is an important step towards the streamlining of GEA’s global production footprint. The transaction allows the preservation of all related jobs. To enable a smooth transition for all parties, a transitional period of up to two years has been agreed by the parties ensuring the purchase of relevant manufacturing services from the site. The parties have agreed not to disclose any financial details of the transaction.

Media Relations

GEA Group Aktiengesellschaft

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40468

Düsseldorf


Germany

+49 211 9136-0

About GEA

GEA is one of the world’s largest suppliers of systems and components to the food, beverage and pharmaceutical industries. The international technology group, founded in 1881, focuses on machinery and plants, as well as advanced process technology, components and comprehensive services.

With more than 18,000 employees, the group generated revenues of about EUR 5.4 billion in more than 150 countries in the 2023 fiscal year. GEA plants, processes, components and services enhance the efficiency and sustainability of customer’s production. They contribute significantly to the reduction of CO2 emissions, plastic usage and food waste. In doing so, GEA makes a key contribution toward a sustainable future, in line with the company’s purpose: ”Engineering for a better world“. GEA is listed on the German MDAX the European STOXX® Europe 600 Index and is among the companies comprising the DAX 50 ESG, MSCI Global Sustainability as well as Dow Jones Sustainability World and Dow Jones Sustainability Europe Indices.
 
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