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GEA Acquires Hygienic Pumps Supplier

Technology group GEA has acquired Hilge, a leading supplier of hygienic pumps, especially stainless steel pumps for food and beverage applications.

The company is based at Bodenheim, Germany and generated with about 150 employees revenues of more than EUR 35 million ($39 million) in fiscal year 2014. Hilge’s product range is complementary to the offering of GEA’s flow components portfolio. The transaction remains subject to approval by the anti-trust authorities.

The companies did not disclose the acquisition price.

 

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