GEA Group recently received three large orders worth about EUR 90 million.
Glanbia, the international nutritional solutions and cheese group, ordered a milk powder plant worth about EUR 50 Million to be built in Ireland. This new powder plant for whole, skim and enriched milk will exclusively utilize GEA process technology and comprises the process steps milk reception, standardization, evaporation, drying, powder transport and packaging. Furthermore, in a still challenging business environment GEA Heat Exchangers won two orders worth about EUR 40 Million for cooling-systems for power plants to be built in China.“These recent large orders suggest that demand is continuing on a stable level. Our customers obviously trust the quality and efficiency of our process technology solutions. In our Segment GEA Heat Exchangers, we now seem to be harvesting the benefits of earlier restructuring efforts which helped our competitiveness”, observed Jürg Oleas, CEO of GEA Group Aktiengesellschaft.