World News

Industry news and insights from Europe and around the World

UK News

Latest news and developments in the United Kingdom

Products

Keep up-to-date with the latest new products and technology

Features

General articles, applications and industry analysis

GEA completes new group structure

GEA-Group-AG-Dusseldorf-hqGERMANY: GEA has finalised its new Group structure, creating separate business areas for equipment and solutions.

Announced last year as part of GEA’s Fit for 2020 initiative, the Group is bundling and reporting the development and manufacturing of products and the provision of process solutions in two new business areas with immediate effect.

According to a statement, the new business areas are of roughly equal strength and promise greater operational synergies across technologies and applications, and standardises processes.

For GEA’s customers it provides a single national organisation per country as a central point of contact covering the entire product portfolio and offering all services on a local basis.

With administrative functions being streamlined and centralised, GEA expects to save at least €100m by the end of 2017.

In the Equipment business area, GEA is bringing together all manufacturing activities that feature standardised products and, in part, customer specific equipment offerings. As a general rule, products are manufactured in large quantities as part of large-scale series production on a standardised and modular basis.

The Solutions business area brings together all project-based offerings that extensively cover customer-specific and modular solutions.

“The new structure is designed to help us develop from a very good to an outstanding company based on a simplified, harmonised, and more streamlined organisation” commented GEA ceo Jürg Oleas. “This means the maximum possible focus within each unit, with clearly defined responsibilities in terms of applications, products, technologies, and services. In addition, the changes will safeguard and further improve our customer focus through first-rate innovations and services, rapid decision-making processes, uniform and coordinated customer management, and much more.”

Relevant stories:

Profits up but GEA plans further job losses – April 20, 2015
GERMANY: The GEA Group reports sales up 8.7% in the first quarter of this year but continued downsizing will see around 1,450 redundancies. Read more…

GEA restructure could mean 1,000 job losses – August 21, 2014
GERMANY: Following the sale of its heat exchanger division, GEA is to introduce a centralised company structure with the potential loss of around 1,000 jobs. Read more…

Latest News

1st November 2024

Aston Uni study seeks to lessen cooling impact

UK: A team from Birmingham’s Aston University has been awarded a £415,000 grant to lessen the environmental impact of cooling in the UK.
1st November 2024

Hoshizaki consolidates Chinese interests

JAPAN/CHINA: Hoshizaki, the manufacturer of commercial food and beverage refrigeration equipment, is to integrate its development, manufacturing, and sales capabilities in China under one company.
1st November 2024

BUS applications up 12% in September

UK: Applications for the UK’s Boiler Upgrade Scheme (BUS) reached 3,223 in September, a 12% increase on August, and nearly triple the volume received in September 2023.
1st November 2024

Heat recovery keeps butter cool 

UK: An SCM Frigo SEC-200 heat recovery unit is transforming the cooling performance of a Gloucestershire farm producing artisan butter.
30th October 2024

Wolseley buys AC and heat pump distributor Logicool

UK: Wholesaler the Wolseley Group has acquired Derbyshire-based air conditioning and heat pump distributor Logicool. 
30th October 2024

Carver Group buys SPC

UK: Leicester-based coil manufacturer S&P Coil Products, which trades as SPC, has been acquired by the Carver Group.