MIRA INFORM REPORT

 

 

Report Date :

09.08.2013

 

IDENTIFICATION DETAILS

 

Name :

GEA PROCESS ENGINEERING AS

 

 

Registered Office :

305 Gladsaxevej PO Box 45 SAžborg, 2860

 

 

Country :

Denmark

 

 

Financials (as on) :

31.12.2012

 

 

Year of Incorporation :

1933

 

 

Com. Reg. No.:

10050715

 

 

Legal Form :

Private Subsidiary

 

 

Line of Business :

Manufacture of other general-purpose machinery

 

 

No. of Employees :

538

 

RATING & COMMENTS

 

MIRA’s Rating :

A

 

RATING

STATUS

PROPOSED CREDIT LINE

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

Fairly Large

 

Status :

Good

Payment Behaviour :

Regular

Litigation :

Clear

 

 

NOTES :

Any query related to this report can be made on e-mail: infodept@mirainform.com while quoting report number, name and date.

 

ECGC Country Risk Classification List – March 31st, 2013

 

Country Name

Previous Rating

(31.12.2012)

Current Rating

(31.03.2013)

Denmark

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

DENMARK - ECONOMIC OVERVIEW

 

This thoroughly modern market economy features a high-tech agricultural sector, state-of-the-art industry with world-leading firms in pharmaceuticals, maritime shipping and renewable energy, and a high dependence on foreign trade. Denmark is a member of the European Union (EU); Danish legislation and regulations conform to EU standards on almost all issues. Danes enjoy a high standard of living and the Danish economy is characterized by extensive government welfare measures and an equitable distribution of income. Denmark is a net exporter of food and energy and enjoys a comfortable balance of payments surplus but depends on imports of raw materials for the manufacturing sector. Within the EU, Denmark is among the strongest supporters of trade liberalization. After a long consumption-driven upswing, Denmark's economy began slowing in 2007 with the end of a housing boom. Housing prices dropped markedly in 2008-09 and, following a short respite in 2010, has since continued to decline. The global financial crisis has exacerbated this cyclical slowdown through increased borrowing costs and lower export demand, consumer confidence, and investment. The global financial crisis cut Danish real GDP in 2008-09. Denmark made a modest recovery in 2010 with real GDP growth of 1.3%, in part because of increased government spending; however, the country experienced a technical recession in late 2010-early 2011. Historically low levels of unemployment rose sharply with the recession and have remained at about 6% in 2010-12, based on the national measure, about two-thirds average EU unemployment. An impending decline in the ratio of workers to retirees will be a major long-term issue. Denmark maintained a healthy budget surplus for many years up to 2008, but the budget balance swung into deficit in 2009. In spite of the deficits, the new coalition government delivered a modest stimulus to the economy in 2012. Nonetheless, Denmark's fiscal position remains among the strongest in the EU with public debt at about 45% of GDP in 2012. Despite previously meeting the criteria to join the European Economic and Monetary Union (EMU), so far Denmark has decided not to join, although the Danish krone remains pegged to the euro. Denmark held the EU presidency during the first half of 2012; priorities included promoting a responsible, dynamic, green, and safe Europe, while working to steer Europe out of its euro zone economic crisis.

Source : CIA


Company name and address

Top of Form

Bottom of Form

Top of Form

 

GEA Process Engineering AS

                                                                                                                                                    

 

305 Gladsaxevej

PO Box 45

 

SĂžborg, 2860

Denmark

 

 

Tel:

45 39 54 54 54

Fax:

45 39 54 58 00

 

www.niro.com

 

Employees:

538

Company Type:

Private Subsidiary

Corporate Family:

425 Companies

Ultimate Parent:

GEA Group Aktiengesellschaft

 

 

Incorporation Date:

1933

Financials in:

 USD (mil)

Fiscal Year End:

31-Dec-2010

Reporting Currency:

Danish Krone

Annual Sales:

248.2

Total Assets:

NA

                                      

Business Description       

 

Industrial Group: Design, engineering and supply of plants for processing liquid, particulate and solid materials including evaporators, extractors, fluid bed dryers/coolers, spray dryers/coolers, freeze dryers, agglomerators and granulators

          

Industry                                                                                                                                      

 

Industry

Machinery and Equipment Manufacturing

ANZSIC 2006:

2499 - Other Machinery and Equipment Manufacturing Not Elsewhere Classified

ISIC Rev 4:

2819 - Manufacture of other general-purpose machinery

NACE Rev 2:

2829 - Manufacture of other general-purpose machinery n.e.c.

NAICS 2012:

333999 - All Other Miscellaneous General Purpose Machinery Manufacturing

UK SIC 2007:

2829 - Manufacture of other general-purpose machinery n.e.c.

US SIC 1987:

3569 - General Industrial Machinery and Equipment, Not Elsewhere Classified

                      

Key Executives           

   

 

Name

Title

Anders Wilhjelm

President

Tom Wrensted

Executive Vice President and Chief Financial Officer

Kristian Skaarup

Managing Director / Director, Food/Dairy

Jacob MĂžller

Executive Vice President

Klavs Thor Olesen

ansvarlige

1 - Profit & Loss Item Exchange Rate: USD 1 = DKK 5.623146
2 - Balance Sheet Item Exchange Rate: USD 1 = DKK 5.55485

 

Corporate Overview

 

Location
305 Gladsaxevej
PO Box 45
SĂžborg, 2860
Denmark

 

Tel:

45 39 54 54 54

Fax:

45 39 54 58 00

 

www.niro.com

Sales DKK(mil):

1,395.5

Assets DKK(mil):

NA

Employees:

538

Fiscal Year End:

31-Dec-2010

 

Industry:

Miscellaneous Capital Goods

Incorporation Date:

1933

Company Type:

Private Subsidiary

Quoted Status:

Not Quoted

Previous Name:

Niro (A/S)

Registered No.(DNK):

10050715

 

President:

Anders Wilhjelm

 

Industry Codes

 

ANZSIC 2006 Codes:

2499

-

Other Machinery and Equipment Manufacturing Not Elsewhere Classified

2469

-

Other Specialised Machinery and Equipment Manufacturing

2231

-

Boiler, Tank and Other Heavy Gauge Metal Container Manufacturing

 

ISIC Rev 4 Codes:

2819

-

Manufacture of other general-purpose machinery

2511

-

Manufacture of structural metal products

2825

-

Manufacture of machinery for food, beverage and tobacco processing

 

NACE Rev 2 Codes:

2829

-

Manufacture of other general-purpose machinery n.e.c.

2893

-

Manufacture of machinery for food, beverage and tobacco processing

2825

-

Manufacture of non-domestic cooling and ventilation equipment

2511

-

Manufacture of metal structures and parts of structures

 

NAICS 2012 Codes:

333999

-

All Other Miscellaneous General Purpose Machinery Manufacturing

333249

-

Other Industrial Machinery Manufacturing

332313

-

Plate Work Manufacturing

333413

-

Industrial and Commercial Fan and Blower and Air Purification Equipment Manufacturing

333241

-

Food Product Machinery Manufacturing

 

US SIC 1987:

3569

-

General Industrial Machinery and Equipment, Not Elsewhere Classified

3559

-

Special Industry Machinery, Not Elsewhere Classified

3443

-

Fabricated Plate Work (Boiler Shops)

3564

-

Industrial and Commercial Fans and Blowers and Air Purification Equipment

3556

-

Food Products Machinery

 

UK SIC 2007:

2829

-

Manufacture of other general-purpose machinery n.e.c.

2511

-

Manufacture of metal structures and parts of structures

2893

-

Manufacture of machinery for food, beverage and tobacco processing

2825

-

Manufacture of non-domestic cooling and ventilation equipment

 

Business Description

Industrial Group: Design, engineering and supply of plants for processing liquid, particulate and solid materials including evaporators, extractors, fluid bed dryers/coolers, spray dryers/coolers, freeze dryers, agglomerators and granulators

 

More Business Descriptions

GEA Niro is primarily engaged in manufacturing stationary air purification equipment, such as industrial dust and fume collection equipment, electrostatic precipitation equipment, warm air furnace filters, air washers, and other dust collection equipment.

 

Chemicals - Diversified (Major)

 

 

 

 

 

 

Financial Data

Financials in:

DKK(mil)

 

Revenue:

1,395.5

 

Date of Financial Data:

31-Dec-2010

1 Year Growth

NA

 

Key Corporate Relationships

Bank:

Danske Bank

 

 

 

 

 

 

 

 

 

 

 

Corporate Structure News

 

GEA Process Engineering A/S
Total Corporate Family Members: 425

 

 

Company Name

Company Type

Location

Country

Industry

Sales
(USD mil)

Employees

GEA Group Aktiengesellschaft

Parent

Duesseldorf

Germany

Machinery and Equipment Manufacturing

7,350.1

24,610

GEA Rainey Corporation

Subsidiary

Catoosa, OK

United States

Motor Vehicle Parts Manufacturing

40.0

17,000

GEA Process Engineering N.V.

Subsidiary

Mechelen

Belgium

Machinery and Equipment Manufacturing

1,600.0

5,100

GEA Refrigeration Netherlands NV

Division

's-Hertogenbosch

Netherlands

Motor Vehicle Parts Manufacturing

681.5

3,000

GEA Refrigeration France SAS

Subsidiary

Les Sorinieres

France

Motor Vehicle Parts Manufacturing

77.3

295

GEA FES, Inc.

Subsidiary

York, PA

United States

Motor Vehicle Parts Manufacturing

 

260

Gea Fes Inc

Branch

Springdale, AR

United States

Appliance Repair and Maintenance

1.9

15

Gea Fes Inc

Branch

Houston, TX

United States

Miscellaneous Wholesale

36.5

11

Fes Systems

Subsidiary

Montgomery, AL

United States

Miscellaneous Wholesale

18.8

9

FES Southwest Inc

Branch

Shenandoah, TX

United States

Miscellaneous Wholesale

16.6

5

FES Ohio Inc

Branch

Cincinnati, OH

United States

Miscellaneous Wholesale

9.8

4

FES Midwest Inc

Branch

Trout Valley, IL

United States

Miscellaneous Wholesale

9.4

3

GEA Refrigeration North American

Branch

Doral, FL

United States

Appliance Repair and Maintenance

0.3

2

FES East LLC

Branch

Lake Hopatcong, NJ

United States

Nonclassifiable Establishments

 

2

GEA Farm Technologies GmbH

Subsidiary

Bönen, Nordrhein-Westfalen

Germany

Machinery and Equipment Manufacturing

 

2,000

GEA Farm Technologies New Zealand Limited

Subsidiary

Cambridge

New Zealand

Machinery and Equipment Manufacturing

 

2,000

FIL Industries

Subsidiary

Mount Maunganui South, 04

New Zealand

Miscellaneous Chemical Manufacturing

1.6

26

Gea Farm Technologies (UK) Ltd

Subsidiary

Warminster

United Kingdom

Miscellaneous Chemical Manufacturing

24.1

55

GEA Farm Technologies Belgium N.V./S.A.

Subsidiary

Olen

Belgium

Machinery and Equipment Manufacturing

 

30

GEA Farm Technologies Australia Pty. Ltd.

Subsidiary

Melbourne, VIC

Australia

Machinery and Equipment Manufacturing

 

24

GEA Farm Technologies CZ, spol. s.r.o.

Subsidiary

Napajedla

Czech Republic

Machinery and Equipment Manufacturing

 

 

GEA Farm Technologies Sp. Z o.o.

Subsidiary

Bydgoszcz

Poland

Machinery and Equipment Manufacturing

 

 

WestfaliaSurge GmbH

Subsidiary

Bonen

Germany

Machinery and Equipment Manufacturing

 

2,000

Westfalia-Surge Inc.

Subsidiary

Naperville, IL

United States

Machinery Wholesale

 

100

GEA Process Engineering A/S

Subsidiary

SĂžborg

Denmark

Machinery and Equipment Manufacturing

248.2

538

Gea Pharma Systems

Subsidiary

Wommelgem

Belgium

Machinery and Equipment Manufacturing

16.1

76

GEA Process Engineering S.p.A.

Subsidiary

Segrate, Milan

Italy

Machinery Wholesale

30.0

34

GEA Process Engineering Oy

Subsidiary

Vantaa

Finland

Machinery Wholesale

1.5

4

GEA Food Solutions Germany GmbH

Subsidiary

OsnabrĂŒck

Germany

Machinery and Equipment Manufacturing

161.3

510

GEA Convenience Food Technologies B.V.

Subsidiary

Bakel

Netherlands

Machinery and Equipment Manufacturing

 

450

GEA Procomac S.p.A.

Subsidiary

Sala Baganza, Parma

Italy

Machinery and Equipment Manufacturing

185.0

424

GEA Procomac S.p.A. - Packaging Unit

Unit

Collecchio, Parma

Italy

Machinery and Equipment Manufacturing

 

 

GEA Air Treatment GmbH

Subsidiary

Herne, Nordrhein-Westfalen

Germany

Motor Vehicle Parts Manufacturing

 

410

GEA Tuchenhagen GmbH

Subsidiary

BĂŒchen, Schleswig-Holstein

Germany

Machinery and Equipment Manufacturing

109.8

360

GEA Tuchenhagen US, LLC

Subsidiary

Portland, ME

United States

Machinery Wholesale

 

17

Tuchenhagen Do Brasil Ltda.

Subsidiary

Campinas, Sao Paulo

Brazil

Metal Products Manufacturing

1.3

10

Gea Heat Exchangers Ltd.

Subsidiary

Hereford

United Kingdom

Machinery and Equipment Manufacturing

66.1

352

G E A Denco

UK Branch/Trading address

Hemel Hempstead

United Kingdom

Machinery and Equipment Manufacturing

66.1

30

Gea Energietechnik UK Ltd.

Subsidiary

Hereford

United Kingdom

Machinery and Equipment Manufacturing

5.8

3

GEA Ecoflex GmbH

Subsidiary

Sarstedt, Niedersachsen

Germany

Machinery and Equipment Manufacturing

 

350

GEA WTT GmbH

Subsidiary

Nobitz

Germany

Motor Vehicle Parts Manufacturing

 

 

Gea Heat Exchangers Oy

Subsidiary

Vantaa

Finland

Machinery and Equipment Manufacturing

1.7

3

GEA CFS International B.V.

Subsidiary

Helmond, Noord-Brabant

Netherlands

Machinery and Equipment Manufacturing

 

350

GEA Brewery Systems GmbH

Subsidiary

Kitzingen, Bayern

Germany

Machinery and Equipment Manufacturing

32.9

340

Gea Protsessny Engineering Ooo

Subsidiary

Moscow

Russian Federation

Specialty Construction Trade Contractors

29.9

42

GEA TDS GmbH

Subsidiary

Sarstedt, Niedersachsen

Germany

Machinery and Equipment Manufacturing

 

325

ZiAG Plant Engineering GmbH

Subsidiary

Frankfurt am Main

Germany

Machinery and Equipment Manufacturing

 

310

GEA Houle, Inc.

Subsidiary

Drummondville, QC

Canada

Metal Products Manufacturing

198.2

300

GEA Refrigeration Africa (Pty) Ltd.

Subsidiary

Cape Town

South Africa

Motor Vehicle Parts Manufacturing

 

300

GEA Batignolles Technologies Thermiques SAS

Subsidiary

Nantes

France

Motor Vehicle Parts Manufacturing

90.7

283

Gea Batignolles Thermal Technologies (Changshu) Co., Ltd.

Subsidiary

Changshu, Jiangsu

China

Metal Products Manufacturing

58.0

270

GEA Batignolles Technologies Thermiques Qatar L.L.C.

Subsidiary

Doha

Qatar

Machinery and Equipment Manufacturing

 

35

Gea Searle Ltd

Subsidiary

Stourbridge,

United Kingdom

Metal Products Manufacturing

53.5

273

Icg [Uk] Pension Trustees Ltd.

Subsidiary

Fareham

United Kingdom

Miscellaneous Professional Services

 

 

GEA PHE Systems North America Inc.

Subsidiary

York, PA

United States

Machinery and Equipment Manufacturing

 

240

Gea Searle Ltd.

Subsidiary

Fareham

United Kingdom

Miscellaneous Manufacturing

 

230

Searle Manufacturing Co. Ltd.

Subsidiary

London

United Kingdom

Nonclassifiable Establishments

 

 

GEA POWER COOLING TECHNOLOGY (CHINA) LTD.

Subsidiary

Langfang

China

Motor Vehicle Parts Manufacturing

 

230

GEA EGI EnergiagazdĂĄlkodĂĄsi Zrt

Subsidiary

Budapest

Hungary

Machinery Wholesale

 

203

GEA Mechanical Equipment GmbH

Subsidiary

Oelde

Germany

Machinery and Equipment Manufacturing

 

200

GEA Westfalia Separator Group GmbH

Subsidiary

Oelde, Nordrhein-Westfalen

Germany

Holding Companies

 

810

GEA Westfalia Separator Production France SAS

Subsidiary

Chateau-Thierry

France

Machinery and Equipment Manufacturing

63.5

171

GEA Westfalia Separator, Inc.

Subsidiary

Northvale, NJ

United States

Machinery Wholesale

76.0

150

GEA Middle East FZE

Subsidiary

Dubai

United Arab Emirates

Machinery Wholesale

 

20

GEA Westfalia Separator Ireland Ltd.

Subsidiary

Cork

Ireland

Machinery and Equipment Manufacturing

 

20

GEA Westfalia Separator do Brasil Industria de Centrifugas Ltda.

Subsidiary

Campinas, SP

Brazil

Machinery and Equipment Manufacturing

 

 

GEA Westfalia Separator Argentina S.A.

Subsidiary

Buenos Aires

Argentina

Machinery and Equipment Manufacturing

 

 

GEA Westfalia Separator Chile S.A.

Subsidiary

Quilicura, Santiago

Chile

Machinery and Equipment Manufacturing

 

 

GEA Westfalia Separator Mexicana S.A. de C.V.

Subsidiary

Jiutepec

Mexico

Machinery and Equipment Manufacturing

 

 

GEA Westfalia Separator Deutschland GmbH

Subsidiary

Oelde, Nordrhein-Westfalen

Germany

Machinery and Equipment Manufacturing

 

90

Gea Westfalia Separator Belgium

Subsidiary

Schoten

Belgium

Machinery and Equipment Manufacturing

17.7

25

Westfalia Separator India Private Limited

Subsidiary

New Delhi, Delhi

India

Machinery Wholesale

3.1

 

Westfaliasurge Mexicana S.A. De C.V.

Subsidiary

Morelos

Mexico

Machinery Wholesale

 

 

GEA Wiegand GmbH

Subsidiary

Ettlingen, Baden-WĂŒrttemberg

Germany

Machinery and Equipment Manufacturing

 

200

GEA Messo GmbH

Subsidiary

Duisburg, Nordrhein-Westfalen

Germany

Miscellaneous Chemical Manufacturing

 

35

GEA Goedhart B.V.

Subsidiary

Saint Maartensdijk

Netherlands

Motor Vehicle Parts Manufacturing

 

200

GEA Refrigeration North America Inc.

Subsidiary

York, PA

United States

Architecture and Engineering

 

200

GEA Process Engineering (India) Limited

Subsidiary

Vadodara

India

Machinery and Equipment Manufacturing

 

200

Gea Process Engineering (India) Private Limited

Branch

Vadodara, Gujarat

India

Rubber and Plastic Product Manufacturing

 

450

GEA Refrigeration Technology Co., Ltd.

Subsidiary

Beijing

China

Motor Vehicle Parts Manufacturing

 

200

CFS Kempten GmbH

Subsidiary

Kempten

Germany

Paper Product Manufacturing

61.4

190

GEA Refrigeration Germany GmbH

Subsidiary

Berlin, Berlin

Germany

Motor Vehicle Parts Manufacturing

 

190

GEA Kuba GmbH

Subsidiary

Baierbrunn, Bayern

Germany

Motor Vehicle Parts Manufacturing

 

200

GEA AWP GmbH

Subsidiary

Prenzlau, Brandenburg

Germany

Metal Products Manufacturing

 

110

CFS Slagelse A/S

Subsidiary

Slagelse

Denmark

Machinery and Equipment Manufacturing

45.9

186

GEA Diessel GmbH

Subsidiary

Hildesheim, Niedersachsen

Germany

Electromedical and Control Instruments Manufacturing

38.4

180

GEA Pharma Systems AG

Subsidiary

Bubendorf

Switzerland

Motor Vehicle Parts Manufacturing

6,654.7

175

CFS Weert BV

Subsidiary

Weert

Netherlands

Machinery and Equipment Manufacturing

 

171

GEA Refrigeration Canada Inc

Subsidiary

Richmond Hill, BC

Canada

Motor Vehicle Parts Manufacturing

 

170

GEA NEMA Waermetauscher GmbH

Subsidiary

Netzschkau

Germany

Machinery and Equipment Manufacturing

 

165

Gea do Brasil Intercambiadores Ltda

Subsidiary

Franco da Rocha, SP

Brazil

Machinery and Equipment Manufacturing

 

160

Plauen Stahl Technologie GmbH

Subsidiary

Plauen

Germany

Specialty Construction Trade Contractors

79.4

150

GEA Aircooled Systems (Pty) Ltd

Subsidiary

Germiston

South Africa

Motor Vehicle Parts Manufacturing

 

150

Gea Krugersdorp Engineering (Pty) Ltd

Subsidiary

Krugersdorp, Gauteng

South Africa

Metal Products Manufacturing

 

158

GEA Heat Exchangers GmbH

Subsidiary

Bochum

Germany

Machinery and Equipment Manufacturing

 

150

GEA Pharma Systems (India) Private Limited

Subsidiary

Vadodara, Gujarat

India

Machinery and Equipment Manufacturing

 

150

GEA WestfaliaSurge Japy SAS

Subsidiary

Saint Apollinaire

France

Construction and Hardware Materials Wholesale

 

150

GEA Farm Technologies Japy SAS

Subsidiary

Saint Apollinaire, Cote-d'Or

France

Machinery and Equipment Manufacturing

26.2

149

Gea Refrigeration Iberica Sa

Subsidiary

Alcobendas, Madrid

Spain

Motor Vehicle Parts Manufacturing

30.4

145

Gea Grenco Ltd.

Subsidiary

West Malling

United Kingdom

Specialty Construction Trade Contractors

46.1

143

GEA Air Treatment Production GmbH

Subsidiary

Wurzen, Sachsen

Germany

Motor Vehicle Parts Manufacturing

 

140

Gea Process Engineering Sa

Subsidiary

Alcobendas, Madrid

Spain

Machinery and Equipment Manufacturing

50.8

131

GEA Farm Technologies Inc.

Subsidiary

Naperville, IL

United States

Machinery and Equipment Manufacturing

 

130

GEA Farm Technologies Inc

Branch

Galesville, WI

United States

Machinery and Equipment Manufacturing

33.7

130

WS West

Branch

Fresno, CA

United States

Miscellaneous Chemical Manufacturing

23.3

30

GEA Farm Technologies Inc

Branch

Romeoville, IL

United States

Machinery and Equipment Manufacturing

1.8

6

GEA Farm Technologies Inc

Branch

Batavia, NY

United States

Machinery Wholesale

10.4

5

Westfalia Search Southeast Inc

Branch

Cumberland, VA

United States

Machinery Wholesale

7.9

4

GEA Energietechnik GmbH

Subsidiary

Bochum, Nordrhein-Westfalen

Germany

Motor Vehicle Parts Manufacturing

 

130

GEA Lyophil GmbH

Subsidiary

HĂŒrth, Nordrhein-Westfalen

Germany

Motor Vehicle Parts Manufacturing

 

130

GEA Klimatechnik GmbH

Subsidiary

Gaspoltshofen

Austria

Construction and Hardware Materials Wholesale

36.0

120

GEA Renzmann & Grunewald GmbH

Subsidiary

Monzingen, Rheinland-Pfalz

Germany

Machinery and Equipment Manufacturing

 

120

Brouwers Equipment B.V.

Subsidiary

Leeuwarden

Netherlands

Machinery Wholesale

 

120

GEA Goedhart Bohemia s.r.o.

Subsidiary

Nymburk

Czech Republic

Motor Vehicle Parts Manufacturing

 

120

Gea Pharma Systems Ltd.

Subsidiary

Eastleigh

United Kingdom

Machinery and Equipment Manufacturing

33.7

105

G E A Pharma Systems

UK Branch/Trading address

Eastleigh

United Kingdom

Metal Products Manufacturing

33.7

100

Gea Caldemon Sa

Subsidiary

Camargo, Cantabria

Spain

Machinery and Equipment Manufacturing

12.4

101

GEA Bloksma B.V.

Subsidiary

Almere

Netherlands

Motor Vehicle Parts Manufacturing

55.3

100

Gea North America, Inc.

Subsidiary

Columbia, MD

United States

Holding Companies

24.2

100

GEA Refrigeration Technologies GmbH

Subsidiary

Bochum, Nordrhein-Westfalen

Germany

Motor Vehicle Parts Manufacturing

 

100

GEA Bock GmbH

Subsidiary

Frickenhausen, Baden-WĂŒrttemberg

Germany

Motor Vehicle Parts Manufacturing

87.8

340

Boke Compressor (Hangzhou) Co., Ltd.

Subsidiary

Hangzhou, Zhejiang

China

Motor Vehicle Parts Manufacturing

 

50

GEA Bock Czech s.r.o.

Subsidiary

Stribro

Czech Republic

Motor Vehicle Parts Manufacturing

 

35

GEA Bock Asia Pte. Ltd.

Subsidiary

Singapore

Singapore

Motor Vehicle Parts Manufacturing

 

10

Bock (India) Pvt. Ltd.

Subsidiary

Vadodara

India

Motor Vehicle Parts Manufacturing

 

 

GEA Bock Malaysia SDN. BHD.

Subsidiary

Petaling Jaya

Malaysia

Motor Vehicle Parts Manufacturing

 

 

GEA Bock Compressors (Hangzhou) Co., Ltd.

Subsidiary

Hangzhou, Zhejiang

China

Construction and Hardware Materials Wholesale

 

 

GEA Bock GmbH

Subsidiary

Graz

Austria

Motor Vehicle Parts Manufacturing

 

 

hebro chemie GmbH

Subsidiary

Mönchengladbach, Nordrhein-Westfalen

Germany

Miscellaneous Chemical Manufacturing

 

100

Royal de Boer Stalinrichtingen B.V.

Subsidiary

Leeuwarden

Netherlands

Machinery and Equipment Manufacturing

 

100

Brouwers Equipment B.V.

Subsidiary

Leeuwarden, Friesland

Netherlands

Motor Vehicle Parts Manufacturing

 

10

GEA Bischoff GmbH

Subsidiary

Essen, Nordrhein-Westfalen

Germany

Machinery and Equipment Manufacturing

 

100

GEA Bischoff, Inc.

Subsidiary

Columbia, MD

United States

Machinery and Equipment Manufacturing

 

9

GEA Bischoff Oy

Subsidiary

Helsinki

Finland

Petroleum and Natural Gas Extraction

 

3

GEA Maschinenkuhltechnik GmbH

Subsidiary

Herne, Nordrhein-Westfalen

Germany

Motor Vehicle Parts Manufacturing

 

100

GEA Luftkuhler GmbH

Subsidiary

Bochum, Nordrhein-Westfalen

Germany

Motor Vehicle Parts Manufacturing

 

100

GEA 2H Water Technologies GmbH

Subsidiary

Wettringen, Nordrhein-Westfalen

Germany

Motor Vehicle Parts Manufacturing

 

100

GEA AWP GmbH

Subsidiary

Prenzlau

Germany

Motor Vehicle Parts Manufacturing

 

100

GEA Grasso Refrigeration OOO

Subsidiary

Moscow

Russian Federation

Motor Vehicle Parts Manufacturing

 

100

Sachtleben Bergbau Verwaltungsgesellschaft mit beschrankter Haftung

Subsidiary

Hausach, Baden-WĂŒrttemberg

Germany

Non-Metallic Minerals Mining

 

98

Deutsche Baryt-Industrie Dr. Rudolf Alberti GmbH und Co. KG

Subsidiary

Bad Lauterberg Im Harz, Niedersachsen

Germany

Basic Chemical Manufacturing

 

60

OOO GEA Farm Technologies Rus

Subsidiary

Moscow

Russian Federation

Machinery and Equipment Manufacturing

 

90

GEA of Alabama, L.L.C.

Subsidiary

Lakewood, CO

United States

Construction and Hardware Materials Wholesale

 

90

GEA Farm Technologies do Brasil Ltda.

Subsidiary

Jaguariuna, Sao Paulo

Brazil

Machinery and Equipment Manufacturing

8.2

80

GEA Process Technologies Ireland Limited

Subsidiary

Naas, Kildare

Ireland

Machinery and Equipment Manufacturing

 

80

GEA Power Cooling de Mexico S. de R.L. de C.V.

Subsidiary

San Luis Potosi

Mexico

Industrial Machinery Repair and Maintenance

 

80

GEA Process Engineering Ireland Ltd

Subsidiary

Naas, County Kildare

Ireland

Architecture and Engineering

 

80

GEA Process Engineering Nederland B.V.

Subsidiary

Deventer

Netherlands

Machinery and Equipment Manufacturing

 

75

GEA Farm Technologies France SAS

Subsidiary

Chateau-Thierry

France

Crop and Animal Production

65.7

74

Gea Happel

Subsidiary

Roncq

France

Miscellaneous Professional Services

36.6

74

GEA Westfalia Separator France SAS

Subsidiary

Chateau-Thierry

France

Machinery and Equipment Manufacturing

33.4

74

GEA Process Engineering (S.E.A.) Pte. Ltd.

Subsidiary

Singapore

Singapore

Machinery and Equipment Manufacturing

 

74

Gea Process Engineering (Philippines) Inc.

Subsidiary

Pasig

Philippines

Machinery Wholesale

 

5

Chemetall GesmbH

Subsidiary

Wien, Wien

Austria

Basic Chemical Manufacturing

70.7

70

GEA Process Technology Netherlands B.V.

Subsidiary

Cuijk, Noord-Brabant

Netherlands

Machinery and Equipment Manufacturing

 

70

Gea Process Engineering Ltd.

Subsidiary

Warrington

United Kingdom

Machinery and Equipment Manufacturing

43.3

68

Gea Group Holdings (UK) Ltd.

Subsidiary

Eastleigh

United Kingdom

Miscellaneous Professional Services

 

60

GEA Westfalia Separator Nederland B.V.

Subsidiary

Cuijk

Netherlands

Machinery Wholesale

 

60

Gea Westfalia Separator Iberica Sa

Subsidiary

Granollers, Barcelona

Spain

Machinery Wholesale

37.5

57

GEA POWER COOLING, INC.

Subsidiary

Lakewood, CO

United States

Motor Vehicle Parts Manufacturing

11.1

55

GEA Sistemas de Resfriamento Ltda.

Subsidiary

Indaiatuba, Sao Paulo

Brazil

Motor Vehicle Parts Manufacturing

 

53

Gea Mechanical Equipment UK Ltd.

Subsidiary

Milton Keynes

United Kingdom

Professional and Commercial Equipment Wholesale

23.2

52

Breconcherry Ltd.

Subsidiary

Milton Keynes

United Kingdom

Metal Products Manufacturing

3.1

7

Norbco Inc

Subsidiary

Westmoreland, NY

United States

Machinery and Equipment Manufacturing

 

50

Norbco Industries

Branch

Galesville, WI

United States

Machinery and Equipment Manufacturing

6.2

26

Norbco West Inc

Branch

Tulare, CA

United States

Machinery Wholesale

13.0

6

GEA IT Services GmbH

Subsidiary

Oelde, Nordrhein-Westfalen

Germany

Computer System Design Services

 

50

GEA Nu-Con Manufacturing Limited

Subsidiary

Auckland

New Zealand

Machinery and Equipment Manufacturing

 

50

Gea Happel Belgium

Subsidiary

Bruxelles

Belgium

Motor Vehicle Parts Manufacturing

35.0

45

GEA Avapac Ltd.

Subsidiary

Hamilton

New Zealand

Machinery and Equipment Manufacturing

 

43

GEA Geneglace S.A.S.

Subsidiary

Les Sorinieres

France

Motor Vehicle Parts Manufacturing

 

41

GEA Process Engineering Pty. Ltd.

Subsidiary

Blackburn, VIC

Australia

Architecture and Engineering

4.1

40

GEA Farm Technologies Mullerup A/S

Subsidiary

Ullerslev

Denmark

Machinery and Equipment Manufacturing

0.0

40

GEA Happel Nederland B.V.

Subsidiary

Capelle aan den IJssel

Netherlands

Motor Vehicle Parts Manufacturing

 

40

GEA ISISAN TESISAT INSAAT TAAHHUT TICARET VE SANAYI A.S.

Subsidiary

Istanbul

Turkey

Motor Vehicle Parts Manufacturing

 

40

GEA Grasso UAB

Subsidiary

Vilnius

Lithuania

Motor Vehicle Parts Manufacturing

 

40

CFS France SAS

Subsidiary

Beaucouze

France

Machinery and Equipment Manufacturing

 

40

GEA Refrigeration Philippines, Inc.

Subsidiary

Muntinlupa

Philippines

Motor Vehicle Parts Manufacturing

 

40

Aseptomag AG

Subsidiary

Kirchberg, Berne

Switzerland

Architecture and Engineering

21.3

35

GEA Nu-Con Ltd

Subsidiary

Auckland

New Zealand

Machinery and Equipment Manufacturing

 

35

Nu-Con Systems Pte Ltd

Subsidiary

Singapore

Singapore

Electrical Equipment and Appliances Manufacturing

1.8

11

GEA Aseptomag AG

Subsidiary

Kirchberg, Bern

Switzerland

Metal Products Manufacturing

 

35

Gea Food Solutions France Sas

Subsidiary

Beaucouze

France

Miscellaneous Wholesale

26.7

34

GEA Farm Technologies Acier SAS

Subsidiary

Chateau-Thierry, Aisne

France

Machinery and Equipment Manufacturing

15.8

34

GEA Process Engineering Ltd.

Subsidiary

Auckland

New Zealand

Motor Vehicle Parts Manufacturing

6.5

34

GEA PHE Systems Scandinavia AB

Subsidiary

Ystad

Sweden

Machinery and Equipment Manufacturing

4.4

30

GEA Westfalia Separator India Pvt. Ltd.

Subsidiary

New Delhi

India

Machinery and Equipment Manufacturing

 

30

GEA Farm Technologies Argentina S.R.L.

Subsidiary

Tortuguitas, Buenos Aires

Argentina

Machinery and Equipment Manufacturing

 

30

GEA NEMA Warmetauscher GmbH

Subsidiary

Netzschkau, Sachsen

Germany

Machinery and Equipment Manufacturing

 

30

GEA Nilenca (Pty) Ltd.

Subsidiary

Germiston

South Africa

Construction and Hardware Materials Wholesale

 

30

GEA Nu-Con Pty. Ltd.

Subsidiary

Kirrawee, NSW

Australia

Machinery and Equipment Manufacturing

 

30

CFS Commercial (Beijing) Limited

Subsidiary

Beijing

China

Machinery and Equipment Manufacturing

 

30

GEA Westfalia Separator (S.E.A.) PTE. LTD.

Subsidiary

Singapore

Singapore

Machinery Wholesale

24.0

29

Gea Barr-Rosin Ltd.

Subsidiary

Maidenhead

United Kingdom

Architecture and Engineering

18.1

28

GEA Canada Inc

Subsidiary

Boisbriand, QC

Canada

Machinery and Equipment Manufacturing

36.3

50

Grasso Refrigeration Systems Shanghai Co., Ltd.

Subsidiary

Shanghai

China

Motor Vehicle Parts Manufacturing

5.8

27

GEA Westfalia Separator South Africa (Pty) Ltd

Subsidiary

Halfway House, Midrand

South Africa

Machinery and Equipment Manufacturing

 

27

GEA Farm Technologies Nederland B.V.

Subsidiary

Leeuwarden

Netherlands

Machinery and Equipment Manufacturing

 

27

GEA Grasso SRL

Subsidiary

Cluj-Napoca, Cluj

Romania

Motor Vehicle Parts Manufacturing

 

27

Gea 2H Water Technologies Ltd

Subsidiary

Northampton

United Kingdom

Rubber and Plastic Product Manufacturing

5.6

25

GEA Westfalia Separator (Malaysia) Sdn Bhd

Subsidiary

Petaling Jaya

Malaysia

Machinery and Equipment Manufacturing

 

25

GEA Grasso s.r.o.

Subsidiary

Prague

Czech Republic

Construction and Hardware Materials Wholesale

 

25

GEA Westfalia Separator AS

Subsidiary

Oslo

Norway

Machinery and Equipment Manufacturing

16.9

23

GEA Niro PT B.V.

Subsidiary

's-Hertogenbosch

Netherlands

Architecture and Engineering

 

23

GEA Farm Technologies Tarim Ekip. Mak. Kim. Tek. Dan. San. Tic. Ltd. Sti.

Subsidiary

Kemalpasa, Izmir

Turkey

Machinery and Equipment Manufacturing

 

23

GEA Westfalia Separator DK A/S

Subsidiary

Skanderborg

Denmark

Machinery Wholesale

0.0

22

GEA Ecoflex India Pvt. Ltd.

Subsidiary

Navi Mumbai

India

Machinery and Equipment Manufacturing

 

22

Gea Farm Technologies Iberica Sl

Subsidiary

Granollers, Barcelona

Spain

Machinery and Equipment Manufacturing

16.3

21

GEA Process Engineering (Pty) Ltd

Subsidiary

Halfway House

South Africa

Machinery and Equipment Manufacturing

 

21

PT Westfalia Indonesia

Subsidiary

Jakarta

Indonesia

Machinery and Equipment Manufacturing

 

21

GEA Klimatyzacja Spolka z o.o.

Subsidiary

Wroclaw

Poland

Motor Vehicle Parts Manufacturing

7.2

20

GEA Airflow Services SAS

Subsidiary

Nantes

France

Air Transportation Services

5.8

20

GEA Real Estate GmbH

Subsidiary

Frankfurt Am Main, Hessen

Germany

Real Estate Agents and Brokers

5.0

20

mgvv Projektgesellschaft Hornpottweg GmbH

Subsidiary

Frankfurt Am Main, Hessen

Germany

Residential and Commercial Building Construction

 

1

mgvv Projektentwicklung Daimlerstrasse GmbH & Co. KG

Subsidiary

Frankfurt Am Main, Hessen

Germany

Architecture and Engineering

 

 

GEA Grasso (Thailand) Co. Ltd.

Subsidiary

Nonthaburi

Thailand

Motor Vehicle Parts Manufacturing

 

20

GEA Klimatizace spol. s.r.o.

Subsidiary

Liberec

Czech Republic

Construction and Hardware Materials Wholesale

 

20

GEA Westfalia Separator Polska Sp. z o.o.

Subsidiary

Warsaw

Poland

Machinery and Equipment Manufacturing

 

20

GEA Refrigeration (Thailand) Co. Ltd.

Subsidiary

Nonthaburi

Thailand

Motor Vehicle Parts Manufacturing

 

20

GEA Heat Exchangers Pte. Ltd.

Subsidiary

Singapore

Singapore

Machinery and Equipment Manufacturing

 

20

GEA CFS Uden B.V.

Subsidiary

Helmond, Noord-Brabant

Netherlands

Machinery and Equipment Manufacturing

 

20

GEA Refrigeration Technologies India Pvt Ltd.

Subsidiary

Pune

India

Motor Vehicle Parts Manufacturing

 

20

MVG Metallverkaufsgesellschaft mbH & Co. KG

Subsidiary

Frankfurt Am Main, Hessen

Germany

Metal Products Manufacturing

 

18

GEA Levati Food Tech S.r.l.

Subsidiary

Sala Baganza, Parma

Italy

Machinery and Equipment Manufacturing

4.0

17

Gea Eurotek Ltd.

Subsidiary

Norwich

United Kingdom

Machinery and Equipment Manufacturing

12.7

16

Intec Inc

Subsidiary

Durham, NC

United States

Miscellaneous Manufacturing

3.7

16

GEA Ecoflex Middle East FZE

Subsidiary

Dubai

United Arab Emirates

Motor Vehicle Parts Manufacturing

 

16

CFS Asia Ltd.

Subsidiary

Bangkok

Thailand

Machinery Wholesale

 

16

GEA Intec, LLC

Subsidiary

Durham, NC

United States

Motor Vehicle Parts Manufacturing

 

15

GEA Refrigeration Technologies Ireland

Subsidiary

Cavan, Co. Cavan

Ireland

Motor Vehicle Parts Manufacturing

 

15

CFS Switzerland AG

Subsidiary

Rothrist

Switzerland

Machinery and Equipment Manufacturing

 

15

GEA DELBAG SAS

Subsidiary

Montry

France

Machinery and Equipment Manufacturing

4.5

14

GEA Insurance Broker GmbH

Subsidiary

Frankfurt Am Main, Hessen

Germany

Insurance Agents

 

10

Breconcherry Ltd.

Subsidiary

Bromyard

United Kingdom

Machinery and Equipment Manufacturing

 

10

GEA Westfalia Separator Group GmbH

Subsidiary

Kiev

Ukraine

Machinery Wholesale

 

10

Gea Niro Soavi North America Inc

Subsidiary

Bedford, NH

United States

Electromedical and Control Instruments Manufacturing

 

10

TOV GEA-Ukrayina

Subsidiary

Kiev

Ukraine

Motor Vehicle Parts Manufacturing

 

10

GEA Refrigeration Technologies

Subsidiary

Porto Alegre, Rio Grande do Sul

Brazil

Motor Vehicle Parts Manufacturing

 

10

Gea Refrigeration Components (UK) Ltd.

Subsidiary

Ross On Wye

United Kingdom

Machinery and Equipment Manufacturing

9.8

9

GEA WS Southeast, Inc.

Subsidiary

Jacksonville, FL

United States

Machinery and Equipment Manufacturing

1.9

9

GEA EcoServe Nederland B.V.

Subsidiary

Belfeld

Netherlands

Miscellaneous Professional Services

 

9

GEA Hovex B.V.

Subsidiary

Veendam

Netherlands

Machinery and Equipment Manufacturing

 

9

GEA Grenco Ireland Ltd.

Subsidiary

Cavan

Ireland

Industrial Machinery Repair and Maintenance

 

8

CFS Ukraine LLC

Subsidiary

Kiev

Ukraine

Machinery and Equipment Manufacturing

 

8

MG Rohstoffhandel GmbH

Subsidiary

Frankfurt am Main

Germany

Metal Products Manufacturing

 

7

GEA Refrigeration Vietnam Co. Ltd.

Subsidiary

Ho Chi Minh City

Viet Nam

Motor Vehicle Parts Manufacturing

 

7

GEA Mechanical Equipment Canada, Inc.

Subsidiary

Burlington, ON

Canada

Machinery and Equipment Manufacturing

 

6

GEA Refrigeration Components (Nordic) A/S

Subsidiary

Kolding

Denmark

Construction and Hardware Materials Wholesale

0.0

5

Dawmec Limited

Subsidiary

Fareham

United Kingdom

Construction and Hardware Materials Wholesale

 

5

GEA Klimatechnik UAB

Subsidiary

Vilnius

Lithuania

Construction and Hardware Materials Wholesale

 

5

GEA Tuchenhagen France SARL

Subsidiary

Hoenheim

France

Machinery and Equipment Manufacturing

 

5

GEA Refrigeration Components (Australia) Pty. Ltd.

Subsidiary

Melbourne

Australia

Construction and Hardware Materials Wholesale

2.1

4

GEA Process Engineering S.A.S.

Subsidiary

Bogota, Cundinamarca

Colombia

Architecture and Engineering

 

4

CFS Chile Ltda.

Subsidiary

Santiago

Chile

Machinery and Equipment Manufacturing

 

4

AeroFreeze, Inc.

Subsidiary

Redmond, WA

United States

Storage and Warehousing

0.3

2

Ruhr-Zink GmbH

Subsidiary

Datteln, Nordrhein-Westfalen

Germany

Metals Mining

 

2

Gea Refrigeration UK Ltd.

Subsidiary

Sittingbourne

United Kingdom

Miscellaneous Professional Services

 

1

Bliss & Co. Ltd.

Subsidiary

Hereford

United Kingdom

Miscellaneous Professional Services

0.0

 

GEA CFS Holding B.V.

Subsidiary

Helmond

Netherlands

Investment Services

564.2

 

Gea Food Solutions Italy SRL Con

Subsidiary

Grumello Del Monte, Bergamo

Italy

Machinery Wholesale

8.7

17

GEA Goedhart Holding B.V.

Subsidiary

Saint Maartensdijk

Netherlands

Investment Services

34.3

 

Nu-Con Systems Sdn. Bhd.

Subsidiary

Shah Alam, Selangor

Malaysia

Architecture and Engineering

0.0

 

GEA WestfaliaSurge Nordic A/S

Subsidiary

Vejen

Denmark

Machinery and Equipment Manufacturing

 

 

GEA Ecoflex UK Limited

Subsidiary

Birmingham

United Kingdom

Machinery and Equipment Manufacturing

 

 

GEA CFS Germany GmbH

Subsidiary

Biedenkopf

Germany

Machinery and Equipment Manufacturing

 

 

GEA Process Engineering China Limited

Subsidiary

Shanghai

China

Motor Vehicle Parts Manufacturing

 

 

Gea Dutch Holding B.V.

Subsidiary

's-Hertogenbosch, Noord-Brabant

Netherlands

Banking

 

 

Gea Food Solutions Netherlands B.V.

Subsidiary

Bakel, Noord-Brabant

Netherlands

Banking

484.3

 

Gea Food Solutions UK & Ireland Ltd

Subsidiary

Newport Pagnell

United Kingdom

Machinery and Equipment Manufacturing

18.1

43

Dixie-Union (Uk) Ltd.

Subsidiary

Milton Keynes

United Kingdom

Miscellaneous Professional Services

 

 

GEA Westfalia Separator Italia S.r.l.

Subsidiary

Collecchio, Parma

Italy

Machinery and Equipment Manufacturing

 

 

GEA Westfalia Separator Korea Ltd.

Subsidiary

Seoul

Korea, Republic of

Machinery and Equipment Manufacturing

 

 

GEA Grasso International GmbH

Subsidiary

Berlin

Germany

Construction and Hardware Materials Wholesale

 

 

GEA Engenharia de Processos e Sistema Industriais do Brasil Ltda

Subsidiary

Campinas, Sao Paulo

Brazil

Machinery Wholesale

 

 

GEA WestfaliaSurge Chile S.A.

Subsidiary

Osorno, Los Lagos

Chile

Machinery and Equipment Manufacturing

 

 

GEA Westfalia Separator Hellas S.A.

Subsidiary

Athens

Greece

Machinery and Equipment Manufacturing

 

 

GEA Westfalia Separator (China) Ltd.

Subsidiary

Kwai Chung, New Territories

Hong Kong

Machinery and Equipment Manufacturing

 

 

GEA Westfalia Separator Hungaria Kft.

Subsidiary

Budaors

Hungary

Machinery and Equipment Manufacturing

 

 

GEA Process Engineering S.A. de C.V.

Subsidiary

Naucalpan

Mexico

Machinery and Equipment Manufacturing

 

 

GEA Westfalia Separator Philippines Inc.

Subsidiary

Taguig, Metro Manila

Philippines

Machinery and Equipment Manufacturing

 

 

GEA Process Engineering Z o.o.

Subsidiary

Warsaw

Poland

Motor Vehicle Parts Manufacturing

 

 

GEA Process Engineering OOO

Subsidiary

Moscow

Russian Federation

Machinery Wholesale

 

 

GEA Klimatizacia s.r.o.

Subsidiary

Bratislava

Slovakia

Machinery and Equipment Manufacturing

 

 

GEA Westfalia Separator (Thailand) Ltd.

Subsidiary

Bangkok

Thailand

Machinery and Equipment Manufacturing

 

 

GEA Grasso TOV

Subsidiary

Kiev

Ukraine

Motor Vehicle Parts Manufacturing

 

 

GEA Westfalia Separator Romania SRL

Subsidiary

Bucharest

Romania

Machinery and Equipment Manufacturing

 

 

Gea Atg UK Holdings Ltd.

Subsidiary

Hereford

United Kingdom

Miscellaneous Professional Services

 

 

GEA CFS Holding GmbH

Subsidiary

Biedenkopf, Hessen

Germany

Investment Services

 

 

GEA Klimatechnik Produktion GmbH

Subsidiary

Gaspoltshofen, Upper Austria

Austria

Motor Vehicle Parts Manufacturing

 

 

GEA Klimateknik Aps

Subsidiary

Otterup

Denmark

Machinery and Equipment Manufacturing

 

 

GEA Klimaprodukter AS

Subsidiary

Oslo

Norway

Machinery Wholesale

 

 

GEA Westfalia Separator Austria GmbH

Subsidiary

Vienna

Austria

Machinery and Equipment Manufacturing

 

 

GEA Happel France SAS

Subsidiary

Roncq

France

Motor Vehicle Parts Manufacturing

 

 

GEA Farm Technologies Suisse AG

Subsidiary

Ittigen, Bern

Switzerland

Machinery and Equipment Manufacturing

 

 

GEA Abfulltechnik GmbH

Subsidiary

BĂŒchen, Schleswig-Holstein

Germany

Machinery Wholesale

 

 

Gea Farm Technologies (Ireland) Limited

Subsidiary

Carrigtwohill, Cork

Ireland

Machinery and Equipment Manufacturing

 

 

GEA Refrigeration Technology (Suzhou) Co., Ltd.

Subsidiary

Suzhou, Jiangsu

China

Motor Vehicle Parts Manufacturing

 

 

GEA Grasso Philippines, Inc.

Subsidiary

Taguig, Metro Manila

Philippines

Motor Vehicle Parts Manufacturing

 

 

GEA Grasso Spolka z o.o.

Subsidiary

Gdynia

Poland

Construction and Hardware Materials Wholesale

 

 

Grasso Componentes Iberia Lda.

Subsidiary

Cascais

Portugal

Motor Vehicle Parts Manufacturing

 

 

GEA Process Engineering S.A.

Subsidiary

Buenos Aires

Argentina

Specialty Construction Trade Contractors

 

 

GEA Colby Pty. Ltd.

Subsidiary

Chatswood, NSW

Australia

Machinery and Equipment Manufacturing

 

 

GEA Process Engineering s.r.o.

Subsidiary

Brno

Czech Republic

Architecture and Engineering

 

 

GEA Univalve E.U.R.L

Subsidiary

Hoenheim

France

Machinery and Equipment Manufacturing

 

 

GEA Tuchenhagen Polska sp. z o.o.

Subsidiary

Koszalin

Poland

Metal Products Manufacturing

 

 

GEA Energietechnik Anlagen- und Betriebs-GmbH

Subsidiary

Bochum, Nordrhein-Westfalen

Germany

Machinery and Equipment Manufacturing

 

 

PT GEA Westfalia Separator Indonesia

Subsidiary

Jakarta

Indonesia

Machinery and Equipment Manufacturing

 

 

Milfos International Ltd.

Subsidiary

 

 

 

 

 

GEA WestfaliaSurge UK Ltd.

Subsidiary

Kenilworth

United Kingdom

Machinery Wholesale

 

 

GEA Tuchenhagen Canada, Inc.

Subsidiary

Stoney Creek, ON

Canada

Machinery Wholesale

 

 

GEA Aerofreeze Systems, Inc.

Subsidiary

Richmond, BC

Canada

Motor Vehicle Parts Manufacturing

 

 

GEA Barr Rosin, Inc.

Subsidiary

Boisbriand, QC

Canada

Machinery Wholesale

 

 

GEA Westfalia Separator Canada, Inc.

Subsidiary

Burlington, ON

Canada

Machinery and Equipment Manufacturing

 

 

GEA Rainey Canada Corporation

Subsidiary

Lethbridge, AB

Canada

Motor Vehicle Parts Manufacturing

 

 

GEA WestfaliaSurge Canada Company

Subsidiary

Mississauga, ON

Canada

Machinery and Equipment Manufacturing

 

 

EGI Cooling Systems Trading (Beijing) Co.

Subsidiary

Beijing

China

Construction and Hardware Materials Wholesale

 

 

Bock Compressors (Hangzhou) Co., Ltd.

Subsidiary

Hangzhou, Zhejiang

China

Motor Vehicle Parts Manufacturing

 

 

GEA klima rashladna tehnika d.o.o.

Subsidiary

Zagreb

Croatia

Construction and Hardware Materials Wholesale

 

 

GEA Grenco Africa (PTY) Ltd

Subsidiary

Dar es Salaam

Tanzania

Construction and Hardware Materials Wholesale

 

 

GEA Westfalia Separator Sanayi ve Ticaret Ltd. Sti.

Subsidiary

Izmir

Turkey

Machinery and Equipment Manufacturing

 

 

GEA PROCESS MUHENDISLIK MAKINE INSAAT TAAHUT ITHALAT IHRACAT DANISMANLIK SANAYI VE TICARET LTD. STI.

Subsidiary

Izmir

Turkey

Machinery Wholesale

 

 

GEA Norbco, Inc.

Subsidiary

Westmoreland, NY

United States

Machinery and Equipment Manufacturing

 

 

GEA EcoServe Scandinavia AB

Subsidiary

Ystad

Sweden

Machinery and Equipment Manufacturing

 

 

GEA Polacel Cooling Towers, LLC

Subsidiary

Houston, TX

United States

Construction and Hardware Materials Wholesale

 

 

GEA Mechanical Equipment US, Inc.

Subsidiary

Northvale, NJ

United States

Machinery Wholesale

 

 

GEA Farm Technologies Slovakia Spol. S.r.o.

Subsidiary

Bratislava, Ruzinov

Slovakia

Machinery and Equipment Manufacturing

 

 

GEA Farm Technologies do Brasil, Industria e Comercio de Equipamentos Agricolas e Pecuarios Ltda.

Subsidiary

Jaguariuna, Sao Paulo

Brazil

Machinery and Equipment Manufacturing

 

 

GEA WestfaliaSurge Nederland B.V.

Subsidiary

Zeewolde

Netherlands

Machinery and Equipment Manufacturing

 

 

GEA Process Engineering CEE Kft.

Subsidiary

Budaors

Hungary

Machinery and Equipment Manufacturing

 

 

GEA Ireland Limited

Subsidiary

Naas

Ireland

Machinery and Equipment Manufacturing

 

 

GEA Westfalia Separator CIS Ltd.

Subsidiary

Moscow

Russian Federation

Machinery and Equipment Manufacturing

 

 

GEA WestfaliaSurge France SAS

Subsidiary

Chateau-Thierry

France

Machinery and Equipment Manufacturing

 

 

GEA Finance B.V.

Subsidiary

Rotterdam, South Holland

Netherlands

Investment Services

 

 

GEA Process Engineering Chile S.A.

Subsidiary

Santiago

Chile

Medical Equipment and Supplies

 

 

GEA EcoServe Deutschland GmbH

Subsidiary

Holzwickede

Germany

Machinery and Equipment Manufacturing

 

 

GEA Batignolles Thermal Technologies (Changshu) Co. Ltd.

Subsidiary

Changshu, Jiangsu

China

Machinery and Equipment Manufacturing

 

 

GEA LVZ, a.s.

Subsidiary

Liberec

Czech Republic

Motor Vehicle Parts Manufacturing

 

 

GEA EcoServe Belgie BVBA

Subsidiary

Zele

Belgium

Machinery and Equipment Manufacturing

 

 

GEA 2H Water Technologies s.r.o.

Subsidiary

Jilove

Czech Republic

Motor Vehicle Parts Manufacturing

 

 

GEA Westfalia Separator (Tianjin) Co., Ltd.

Subsidiary

Tianjin

China

Machinery and Equipment Manufacturing

 

 

CFS Poland Sp. z o.o.

Subsidiary

Warsaw

Poland

Machinery and Equipment Manufacturing

 

 

GEA Process Engineering Japan Ltd.

Subsidiary

Tokyo

Japan

Machinery Wholesale

 

 

PT. GEA Grasso Indonesia

Subsidiary

Jakarta

Indonesia

Construction and Hardware Materials Wholesale

 

 

GEA Technika Cieplna Spolka z o.o.

Subsidiary

Opole

Poland

Machinery and Equipment Manufacturing

 

 

GEA Polska Sp. z o.o.

Subsidiary

Swiebodzice

Poland

Construction and Hardware Materials Wholesale

 

 

GEA Saudi Arabia LLC

Subsidiary

Al Khobar

Saudi Arabia

Machinery and Equipment Manufacturing

 

 

GEA Mashimpeks LLC

Subsidiary

Moscow

Russian Federation

Machinery and Equipment Manufacturing

 

 

GEA WTT Baltics OU

Subsidiary

Tallinn

Estonia

Machinery and Equipment Manufacturing

 

 

GEA 2H Water Technologies Sp. z.o.o.

Subsidiary

Sosnowiec

Poland

Motor Vehicle Parts Manufacturing

 

 

Goedhart Iberica Cooling Equipment S.A.

Subsidiary

Valencia

Spain

Construction and Hardware Materials Wholesale

 

 

GEA Refrigeration Components (France) SAS

Subsidiary

Saint-Remy-de-Provence

France

Construction and Hardware Materials Wholesale

 

 

GEA Farm Technologies Romania S.R.L.

Subsidiary

Alba Iulia

Romania

Machinery and Equipment Manufacturing

 

 

VDM-Hilfe GmbH

Subsidiary

Langen

Germany

Pensions and Funds

 

 

GEA 2H Water Technologies s.r.l.

Subsidiary

Laveno-Mombello

Italy

Motor Vehicle Parts Manufacturing

 

 

GEA Farm Technologies Austria GmbH

Subsidiary

Plainfeld, Salzburg

Austria

Machinery and Equipment Manufacturing

 

 

Procomac Engenharia Ltda.

Subsidiary

Sao Paulo

Brazil

Machinery and Equipment Manufacturing

 

 

GEA Klimatechnika Kft.

Subsidiary

Budapest

Hungary

Motor Vehicle Parts Manufacturing

 

 

SC GEA KLIMATECHNIK SRL

Subsidiary

Timisoara

Romania

Construction and Hardware Materials Wholesale

 

 

mg venture capital ag

Subsidiary

Bochum

Germany

Investment Services

 

 

GEA Farm Technologies Bulgaria EOOD

Subsidiary

Sofia

Bulgaria

Machinery and Equipment Manufacturing

 

 

Beijing GEA Energietechnik Co., Ltd.

Subsidiary

Beijing

China

Motor Vehicle Parts Manufacturing

 

 

GEA WestfaliaSurge Acier SAS

Subsidiary

Chateau-Thierry

France

Machinery Wholesale

 

 

GEA Industriebeteiligungen GmbH

Subsidiary

Bochum

Germany

Investment Services

 

 

GEA Scambiatori di Calore S.r.l.

Subsidiary

Monvalle, Varese

Italy

Machinery Wholesale

30.9

42

GEA Westfalia Separator NZ Ltd.

Subsidiary

Auckland

New Zealand

Machinery and Equipment Manufacturing

 

 

GEA Refrigeration Netherlands N.V.

Subsidiary

's-Hertogenbosch

Netherlands

Specialty Construction Trade Contractors

 

 

GEA Wiegand (Schweiz) GmbH

Subsidiary

Riehen

Switzerland

Machinery and Equipment Manufacturing

 

 

GEA Westfalia Separator Iceland ehf

Subsidiary

Kopavogur

Iceland

Machinery and Equipment Manufacturing

 

 

Farmers Industries Limited

Subsidiary

Mount Maunganui

New Zealand

Miscellaneous Wholesale

 

 

GEA Happel Wieland GmbH

Subsidiary

Bochum

Germany

Motor Vehicle Parts Manufacturing

 

 

GEA Westfalia Separator Japan K.K.

Subsidiary

Tokyo

Japan

Machinery and Equipment Manufacturing

 

 

Shanghai Zimmer International Trading Co. Ltd. i.L.

Subsidiary

Shanghai

China

Machinery and Equipment Manufacturing

 

 

GEA Ecoflex China Co. Ltd.

Subsidiary

Shanghai

China

Motor Vehicle Parts Manufacturing

 

 

GEA Westfalia Separator Sweden AB

Subsidiary

Vastra Frolunda

Sweden

Machinery and Equipment Manufacturing

 

 

GEA Grenco Iberica S.A.

Subsidiary

Alcobendas, Madrid

Spain

Motor Vehicle Parts Manufacturing

 

 

GEA Ecoflex Italia S.r.l.

Subsidiary

Parma

Italy

Machinery and Equipment Manufacturing

 

 

GEA CFS Buhl GmbH

Subsidiary

Kempten, Bayern

Germany

Machinery and Equipment Manufacturing

 

 

Bock Compressor Technology (Thailand) Co., Ltd.

Subsidiary

Bangkok

Thailand

Machinery and Equipment Manufacturing

 

 

mgvv Projektentwicklung Daimlerstrasse Verwaltungs GmbH

Subsidiary

Frankfurt am Main, Hessen

Germany

Architecture and Engineering

 

 

GEA PT Holdings Ltd.

Subsidiary

Warrington

United Kingdom

Investment Services

 

 

GEA Messo PT

Subsidiary

's-Hertogenbosch

Netherlands

Architecture and Engineering

 

 

GEA CFS Group B.V.

Subsidiary

Helmond, Noord-Brabant

Netherlands

Machinery and Equipment Manufacturing

 

 

GEA Group Holding GmbH

Subsidiary

Dusseldorf, Nordrhein-Westfalen

Germany

Investment Services

 

 

Diessel Aktiengesellschaft

Subsidiary

Cham, Zug

Switzerland

Machinery and Equipment Manufacturing

 

 

GEA CFS Real Estate GmbH

Subsidiary

Biedenkopf, Hessen

Germany

Real Estate Agents and Brokers

 

 

GEA Filtration Inc.

Subsidiary

Hudson, WI

United States

Architecture and Engineering

 

 

GEA Industrial Heat Exchanger Systems (China) Ltd.

Subsidiary

Wuhu, Anhui

China

Machinery and Equipment Manufacturing

 

 

mg Altersversorgung GmbH

Subsidiary

Bochum, Nordrhein-Westfalen

Germany

Pensions and Funds

 

 

GEA Heat Exchangers, Inc.

Subsidiary

Lakewood, CO

United States

Machinery and Equipment Manufacturing

 

 

GEA Niro Soavi Brazil

Subsidiary

Campinas, Sao Paulo

Brazil

Machinery and Equipment Manufacturing

 

 

GEA WestfaliaSurge Mexicana S.A. de C.V. i.L.

Subsidiary

Aguascalientes

Mexico

Machinery and Equipment Manufacturing

 

 

CFS Korea Ltd.

Subsidiary

Seoul

Korea, Republic of

Machinery and Equipment Manufacturing

 

 

GEA Process Engineering Taiwan Ltd.

Subsidiary

Taipei

Taiwan

Machinery and Equipment Manufacturing

 

 

OOO GEA Energietechnik

Subsidiary

Moscow

Russian Federation

Motor Vehicle Parts Manufacturing

 

 

GEA Zweite Kapitalbeteiligungen GmbH & Co. KG

Subsidiary

Bochum, Nordrhein-Westfalen

Germany

Investment Services

 

 

GEA Segment Management Holding GmbH

Subsidiary

Dusseldorf, Nordrhein-Westfalen

Germany

Investment Services

 

 

GEA Albro

Subsidiary

Ashford

United Kingdom

Machinery and Equipment Manufacturing

 

 

CFS Nordic A/S

Subsidiary

Slagelse

Denmark

Machinery and Equipment Manufacturing

 

 

GEA Food Solutions North America, Inc.

Subsidiary

Frisco, TX

United States

Machinery and Equipment Manufacturing

 

 

GEA Westfalia Separator CZ s.r.o.

Subsidiary

Ricany

Czech Republic

Machinery and Equipment Manufacturing

 

 

CFS Italy S.p.A.

Subsidiary

Grumello del Monte

Italy

Machinery and Equipment Manufacturing

 

 

GEA Lyophil (Beijing) Ltd.

Subsidiary

Beijing

China

Specialty Construction Trade Contractors

 

 

Arbeitsgemeinschaft Zellenkuhleranlage KKW Isar GEA Energietechnik GmbH-Alpine Bau Deutschland AG

Subsidiary

Eching

Germany

Machinery and Equipment Manufacturing

 

 

LL Plant Engineering AG

Subsidiary

Ratingen, Nordrhein-Westfalen

Germany

Electricity Generation and Distribution

 

 

GEA Klimatizacijska tehnika d.o.o.

Subsidiary

Ljubljana

Slovenia

Machinery and Equipment Manufacturing

 

 

GEA PHE Systems Baltics OU

Subsidiary

Tallinn

Estonia

Machinery and Equipment Manufacturing

 

 

Kupferexplorationsgesellschaft mbH

Subsidiary

Bochum, Nordrhein-Westfalen

Germany

Metals Mining

 

 

Kupferbergbau Stadtberge zu Niedermarsberg GmbH

Subsidiary

Frankfurt am Main

Germany

Metals Mining

 

 

GEA (Shanghai) Farm Technologies Company Ltd.

Subsidiary

Shanghai

China

Crop and Animal Production

 

 

GEA Farm Technologies Serbia d.o.o.

Subsidiary

Belgrade

Serbia

Crop and Animal Production

 

 

CFS Chile Comercializadora Limitada

Subsidiary

Santiago, Providencia

Chile

Machinery Wholesale

 

 

Convenience Food Systems S.A. de C.V.

Subsidiary

Zapopan, Jalisco

Mexico

Machinery and Equipment Manufacturing

 

 

GEA Westfalia Separating Equipment (Tianjin) Co., Ltd.

Subsidiary

Tianjin

China

Machinery and Equipment Manufacturing

 

 

GEA CFS Bakel B.V.

Subsidiary

Helmond

Netherlands

Machinery and Equipment Manufacturing

 

 

GEA CFS Finance B.V.

Subsidiary

Helmond, Noord-Brabant

Netherlands

Investment Services

 

 

GEA CFS International Weert B.V.

Subsidiary

Weert, Limburg

Netherlands

Machinery and Equipment Manufacturing

 

 

GEA CFS Wallau Verwaltungs-GmbH

Subsidiary

Biedenkopf, Hessen

Germany

Machinery and Equipment Manufacturing

 

 

GEA Erste Kapitalbeteiligungen GmbH & Co. KG

Subsidiary

Bochum, Nordrhein-Westfalen

Germany

Machinery and Equipment Manufacturing

 

 

Dobbelenberg S.A./N.V.

Subsidiary

Brussels

Belgium

Machinery and Equipment Manufacturing

 

 

mg capital gmbh

Subsidiary

Bochum, Nordrhein-Westfalen

Germany

Investment Services

 

 

GEA Ecoflex Scandinavia Oy

Subsidiary

Kalmar

Sweden

Machinery and Equipment Manufacturing

 

 

GEA Klima Sanayi ve Ticaret Anonim Sirketi A.S.

Subsidiary

Istanbul

Turkey

Motor Vehicle Parts Manufacturing

 

 

GEA WestfaliaSurge Ukraine GmbH

Subsidiary

Bila Tserkva

Ukraine

Crop and Animal Production

 

 

GEA Industriebeteiligungen GmbH

Subsidiary

 

 

 

 

 

GEA Polacel Cooling Towers B.V.

Subsidiary

Doetinchem

Netherlands

Motor Vehicle Parts Manufacturing

 

60

 

 

 

Executives Report

 

Board of Directors

 

Name

Title

Function

Anders Wilhjelm

 

President

Chairman

Education:

MIT Sloan School of Management, MBA

Niels Graugaard

 

Board Member

Director/Board Member

 

Niels Jakobsen

 

ME

Director/Board Member

 

Bente J. Johansen

 

ME

Director/Board Member

 

Torsten Henning Kunz-Aue

 

Board Member

Director/Board Member

 

Norbert Alfred Nieswandt

 

Board Member

Director/Board Member

 

 

Executives

 

Name

Title

Function

Anders Wilhjelm

 

President

President

Education:

MIT Sloan School of Management, MBA

Michael Andersen

 

Managing Director / Director

Managing Director

 

Kristian Skaarup

 

Managing Director / Director, Food/Dairy

Managing Director

 

Education:

Copenhagen Technical College, graduated BSc Mechanical Engineering

 

Jacob MĂžller

 

Executive Vice President

Administration Executive

 

Tom Wrensted

 

Executive Vice President and Chief Financial Officer

Administration Executive

 

Henrik NĂžrmark

 

Finance Manager

Finance Executive

 

Inger SchrĂžder

 

HR Executive

Human Resources Executive

 

Niels Olsen

 

Chemical

Sales Executive

 

Education:

Technical University of Denmark, MSc (Mechanical Engineering)

Henrik Bertelsen

 

Marketing / Communication Executive

Marketing Executive

 

 

 

Christian Bentzen

 

IT Executive

Information Executive

 

Klavs Thor Olesen

 

ansvarlige

Information Executive

 

Michael Wahlberg

 

R&D / Engineering Executive

Engineering/Technical Executive

 

Kim Kern

 

Purchasing Executive

Purchasing Executive

 

 

Annual Profit & Loss

 

 

 

31-Dec-2012

31-Dec-2011

31-Dec-2010

Period Length

12 Months

12 Months

12 Months

Filed Currency

DKK

DKK

DKK

Exchange Rate (Period Average)

5.793028

5.358236

5.623146

Consolidated

No

No

No

 

 

 

 

Total Revenue

262.5

296.9

248.2

Gross Profit

90.2

89.0

77.5

Operating Income

18.8

15.9

9.7

Net Income

21.0

36.4

24.9

 



 

Annual Balance Sheet

Financials in: USD (mil)

 

 

 

31-Dec-2012

31-Dec-2011

31-Dec-2010

Filed Currency

DKK

DKK

DKK

Exchange Rate

5.6443

5.72535

5.55485

Consolidated

No

No

No

 

 

 

 

Total Assets

402.3

418.1

415.1

Provisions

25.4

23.6

19.6

Total Equity

145.5

145.9

139.6

 

 

 

 

 

 

 

Annual Ratios

 

 

 

 

31-Dec-2012

31-Dec-2011

31-Dec-2010

Period Length

12 Months

12 Months

12 Months

Filed Currency

-

-

-

Exchange Rate

-

-

-

Consolidated

No

No

No

 

 

 

 

Operating Margin

7.15

5.36

3.91

Current Ratio

90.63

85.66

87.86

Total debt/total equity

36.17

34.89

33.64

Return on average equity

14.84

23.33

18.05

 



 

Annual Growth Rates

 

 

 

 

31-Dec-2011

31-Dec-2010

Period Length

12 Months

12 Months

Filed Currency

-

-

Exchange Rate

-

-

Consolidated

No

No

 

 

 

Turnover Percent Change

-4.41%

14.02%

Marginal Contribution Percent Change

9.63%

9.44%

Operating Results Percent Change

27.43%

56.23%

Profit/Loss for the Year Percent Change

-37.42%

39.14%

Assets Percent Change

-5.12%

3.80%

Provisions Percent Change

6.13%

24.24%

Equity Capital Percent Change

-1.64%

7.66%

Operating Margin Percent Change

33.40%

37.08%

Current Ratio Percent Change

5.80%

-2.50%

Debt/Equity Ratio Percent Change

3.67%

3.72%

Retun On Equity Percent Change

-36.39%

29.25%

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.61.11

UK Pound

1

Rs.94.77

Euro

1

Rs.81.54

 

 

INFORMATION DETAILS

 

Report Prepared by :

PRL

 

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

--

NB

New Business

 

--

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                 Payment record (10%)

Credit history (10%)                    Market trend (10%)                                Operational size (10%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.