Corporate persbericht

GEA completes additional measure to optimize the Business Area Solutions

21 Nov 2019

In November, GEA sold de Klokslag to Evert IJntema and Jan Dijkema. De Klokslag, which is one of Europe’s leading manufacturers of large-scale plants for hard and semi hard cheese, has roughly 80 employees and, according to the latest figures, generates an annual revenue of around EUR 15 million.

GEA Center Düsseldorf

The parties have agreed not to disclose any details of the transaction. Apart from this divestment, there are currently no plans to sell any other companies within the cheese processing segment. GEA will continue providing process solutions for cheese producers.

“Following detailed analysis as part of the ongoing restructuring of the current Business Area Solutions, we decided to sell the de Klokslag. In light of their current business model, we expect greater potential for a more successful development of the business for all parties involved, independent of the Group. We have thus completed a further measure for the sustainable optimization of the Business Area Solutions,” said Stefan Klebert, CEO of GEA Group Aktiengesellschaft. 

Media Relations

GEA Group Aktiengesellschaft

Peter-Müller-Str. 12


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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