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.
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.