1 March 2007 - GEA Group Aktiengesellschaft, Bochum, is strengthening the Process Engineering Division by acquiring Procomac S.p.A., a company that develops, manufactures, and installs filling lines for beverages and food products worldwide.
The transaction is expected to become effective in April, 2007, although it is still subject to usual closing conditions including approval by antitrust authorities.
Procomac employs 540 employees and generated sales of approximately EUR 115 million in 2006. The company is based in Sala Baganza near Parma, in Northern Italy and has several subsidiaries.
Procomac is a leading company within aseptic filling of PET bottles. The company is a pioneer in this area and was the first company ever to produce and install a high-speed rotary aseptic filler in 1993.
The company’s product portfolio also includes traditional filling lines, secondary packaging equipment, and processing equipment sold in turn-key installations for the food and dairy industry. Customers are primarily producers of juices, teas and isotonics, carbonated and still soft drinks, bottled water, dairy products, wines and spirits.
"The combination of Procomac’s excellent filling and packaging technology with GEA Group’s process engineering capabilities gives us the ability to deliver even more attractive integrated solutions for the beverage industry", says Peter Schenk, a member of the Executive Board of GEA Group Aktiengesellschaft.
GEA Group Aktiengesellschaft is an international technology group that focuses on specialty mechanical engineering - especially process engineering and equipment - and plant engineering. Sales in 2005 - including the Plant Engineering segment - totaled approximately EUR 4.5 billion. The GEA Group is one of the world's market and technology leaders in 90 percent of its businesses and is listed in Germany's MDAX index (G1A, WKN 660200).