GEA has successfully concluded the sale of compressor manufacturer Bock, formerly assigned to its Refrigeration Technologies division, to NORD Holding, as was contractually agreed in September 2020. Closing took place on today’s date. The parties have agreed not to disclose the financial details of the transaction.
At its meeting yesterday, the Supervisory Board of GEA Group Aktiengesellschaft extended the contract of CEO Stefan Klebert (55) by five years until December 31, 2026.
On December 31, 2020, GEA has closed the sale of Japy Tech SAS (formerly GEA Farm Technologies Japy SAS) and Royal De Boer Stalinrichtingen B.V. to Mutares SE & Co. KGaA that was contractually agreed in November 2020.