GEA Group AG, as key project partner, has provided innocent, Europe’s leading smoothie and juice brand, with the process technology for the world’s first carbon-neutral juice factory. The new factory in the Netherlands will lead the way for future plants in the food industry with a truly sustainable approach.

GEA Group announced that its Refrigeration Technologies division is now operating under the name GEA Heating & Refrigeration Technologies. The renaming reflects GEA’s leading position as a supplier of sustainable heating and cooling technology under one roof.

GEA Group presents its “Mission 26” strategy in London as part of its Capital Markets Day. The plan for the next five years defines seven key levers to accelerate sustainable, profitable growth.

ROWASOL is expanding its ROWAMETRIC dosing system portfolio for liquid colors with a gravimetric gear pump from the manufacturer Micro Interface Design (MID).

Thanks to continued gains from the efficiency program and the general economic recovery, GEA performed excellently in the second quarter. The company once again significantly improved across relevant key performance indicators: order intake, organic revenue development, earnings margin, net liquidity and return on capital employed (ROCE).

In the wake of the recent devastating floods, GEA is assisting those in need by donating a total of EUR 100,000. Since the company is active around the world, the Group is not limiting its contribution to relief efforts in Germany’s disaster-stricken areas alone.

The geared motors and heavy-duty industrial gears market was valued at $10.6bn in 2019. Following a -7 percent contraction in 2020, growth will quickly resume and a 2020-24 CAGR of 2.1 percent will see the market hit $13bn by 2024.

GEA signed an agreement to sell its refrigeration contracting operations in Spain and Italy to Clauger, the French family-owned company that specializes in industrial refrigeration and air-conditioning systems. The transaction is in line with GEA’s portfolio optimization strategy to divest selected business operations with comparatively low margins.

The Supervisory Board of GEA Group Aktiengesellschaft extended the appointment of Marcus A. Ketter (53) as the company’s Chief Financial Officer by five years – until May 19, 2027.