12.12.2016
GEA Group Aktiengesellschaft DE0006602006
DGAP-News: GEA Group Aktiengesellschaft: GEA awarded large-scale contract for nutritional powders plant in New Zealand
DGAP-News: GEA Group Aktiengesellschaft / Key word(s): Incoming Orders
GEA Group Aktiengesellschaft: GEA awarded large-scale contract for
nutritional powders plant in New Zealand
12.12.2016 / 13:30
The issuer is solely responsible for the content of this announcement.
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GEA awarded large-scale contract for nutritional powders plant in New
Zealand
Düsseldorf (Germany)/Gore (New Zealand), December 12, 2016 - GEA has been
awarded a contract by Mataura Valley Milk Limited to construct a
nutritional powders plant in McNab near to Gore in the south island of New
Zealand. The plant will process fresh milk and ingredients into added value
nutritional powders as well as standard skimmilk and wholemilk powders. The
value of the order to GEA is a figure in the mid double-digit millions
(EUR).
The new plant, expected to begin production for the 2018 season, will
produce around 140 tonnes of nutritional powder per day. Included in the
GEA scope is a milk reception and standardisation plant, powdered and
liquid ingredients handling, batch formulation, evaporation and drying,
powder handling and filling into 25kg bags. It will also feature a high
degree of process automation and product traceability. Energy efficiency
and environmental impact have also been a key focus in the plant design.
Mataura Valley Milk is majority-owned by Chinese Animal Husbandry Group
(CAHG), a Chinese company. Roughly half of the premium nutritional powder
produced by the new plant will be exported to China, where Mataura Valley
Milk expects steady growth in demand for this product.
"This contract, which was long-awaited to win by GEA, serves as further
proof of our technological leadership and strong market position in the
field of dairy processing," explains Jürg Oleas, CEO of GEA Group
Aktiengesellschaft. "It also demonstrates the continuing investment
appetite of our customers as they attempt to satisfy the growing consumer
demand on the Chinese market for milk-based infant formula and other high-
quality milk products - and that in an environment impacted by regulatory
changes. Although the challenging economic conditions mean that GEA's order
intake in the fourth quarter of 2016 will not repeat the record level
achieved in the same quarter of the previous year, we are confident that
customers throughout the world will continue to invest in our process
technologies and place major orders for all product areas and
applications."
Fig.: Green field at the Mataura Valley Milk factory in New Zealand, where
GEA will build a nutritional powders plant. Copyright: Mataura Valley Milk
Corporate Media and Press:
Dr. Eva Breßler
Peter-Müller-Str. 12, 40468 Düsseldorf, Germany
Phone +49 (0)211 9136-1501
[email protected]
About Mataura Valley Milk
Mataura Valley Milk Limited focuses on producing milk and nutritional
powders. It caters to infants, toddlers, and adults. The company was
founded in 2008 and is based in Gore, New Zealand. Mataura Valley Milk
operates as a subsidiary of China Animal Husbandry Industry Group.
About GEA
GEA is one of the largest suppliers for the food processing industry and a
wide range of process industries that generated consolidated revenues of
approximately EUR 4.6 billion in 2015. As an international technology
group, the Company focuses on process technology and components for
sophisticated production processes in various end-user markets. The Group
generates more than 70 percent of its revenue in the food sector that
enjoys long-term sustainable growth. As of September 30, 2016, the Company
employed about 17,000 people worldwide. GEA is a market and technology
leader in its business areas. The Company is listed in Germany's MDAX (G1A,
WKN 660 200). In addition, GEA's share is a constituent of the MSCI Global
Sustainability Indexes. Further information is available on the Internet at
gea.com.
If you do not want to receive any further information from GEA, please send
an email to [email protected].
Contact:
GEA Group Aktiengesellschaft
Phone +49 (0)211 9136 1492
Fax +49 (0)211 9136 31087
gea.com
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12.12.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: GEA Group Aktiengesellschaft
Peter-Müller-Straße 12
40468 Düsseldorf
Germany
Phone: +49 (0)211 9136-0
Fax: +49 (0)211 9136-31087
E-mail: [email protected]
Internet: www.gea.com
ISIN: DE0006602006
WKN: 660200
Indices: MDAX
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime
Standard), Hamburg, Munich; Regulated Unofficial Market in
Hanover, Stuttgart, Tradegate Exchange
End of News DGAP News Service
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