GEA Group Acquires Norbco Inc.



    BOCHUM, Germany, July 14 /CNW/ - GEA Group Aktiengesellschaft has further
strengthened its Farm Technologies Division through the acquisition of the US
company Norbco, Inc., which is based in Westmoreland (New York), USA. Norbco,
Inc., has so far been the sole and exclusive supplier of conventional heavy-
and medium-duty milking parlor stalls to GEA WestfaliaSurge, Inc. In addition
to parlor stalls, Norbco is a manufacturer and distributor of farm equipment
including ventilation equipment, cow mattresses, barn curtains, barn cleaners
and free stalls, all with a distinct focus on cow comfort. The company employs
a workforce of around 100 employees, and 2007 sales amounted to over USD
30 million.
    "Norbco represents an excellent addition to our product range for meeting
the goals of today's dairy producer, and fits very well with our farm
technologies activities. GEA is uniquely positioned to participate from the
growing demand for high-quality processed food - and especially milk and dairy
products - in the light of growing global wealth," commented Jurg Oleas, CEO
of GEA Group Aktiengesellschaft.
    GEA Group Aktiengesellschaft is an international technology group that
focuses on the specialty mechanical engineering areas of process technology
and components. Consolidated sales were EUR 5.2 billion in 2007. More than 50
per cent of GEA's sales are delivered into the fast growing food and beverage
industry. The company's workforce comprised over 20,000 employees as of
March 31, 2008. The GEA Group is a market and technology leader in 90 percent
of its business areas. GEA Group is listed in the German MDAX share index
(G1A, WKN 660200).

    
       GEA Group Aktiengesellschaft - Contact - tel +49-234-980-1081 -
               fax +49-234-980-1087 - http://www.geagroup.com
    





For further information:

For further information: GEA Group Aktiengesellschaft: tel
+49-234-980-1081, fax +49-234-980-1087, http://www.geagroup.com

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