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Bock becomes part of the GEA Group |
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Wednesday, 05 January 2011 |
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The segment Refrigeration Technologies of the GEA Group Aktiengesellschaft has acquired the company Bock Kältemaschinen GmbH. The transaction remains subject to approval by the anti-trust authorities.
With GEA Refrigeration Technologies we found the perfect partner for the future, says Heinrich Reuß, Manager of Bock Kältemaschinen GmbH. As a part of the GEA Group our company gets new chances for growth. With the future parent company GEA, we can enter the market in the area of industrial refrigeration and strengthen our position in the global growth markets.
Bock has currently 340 employees and expected a turnover of more than 60 million Euro in 2010. Besides the main factory and main quarters in Frickenhausen, the company has smaller assembly sites at its subsidiaries in the Czech Republic, India and China.
GEA Group Aktiengesellschaft is one of the largest system providers for food and energy processes with about EUR 4.4 billion revenue in 2009. As an internationally operating technology group, the company focuses on process technology and components for demanding production processes in various end markets. The company's workforce comprised over 20,000 employees worldwide as of June 30, 2010. |