GEA is one of the largest suppliers of process technology to the food industry
Share capital
(09/30/2019)
8.5 %
Voting rights
(09/30/2019)
8.5 %
Stake value
(09/30/2019)
€ 380 M
Dividend
(12/31/2018)
€ 10.0 M
Investment year
2017
Business area
Process technology for the food industry
Employees
18,000
Registered office
Düsseldorf, Germany
Website
Data center
Profile
GEA is a world leader in the supply of equipment and project management for a wide range of processing industries. Its technology focuses on components and production processes for various markets, particularly in the Food & Beverage sectors. The company employs almost 18,000 people worldwidep
Portfolio value 09/30/2019
2.0 %
Net dividends 12/31/2018
2.2 %
Investment case
The industry combines favorable long-term trends, consolidation opportunities and high barriers to entry:
- Food & Beverage end-markets driven by urbanization with growing middle class
- Increasing focus on food safety and quality
- Greater interest in energy efficient automation
In this sector, GEA is a global leader that offers upside potential:
- Global leader with #1 or #2 positions in most of its markets
- Unique technology, know-how and innovation power
- Solid cash generation and balance sheet profile
- Good positioning to seize consolidation opportunities
