Stronger brew: GEA Group takes over Huppmann
GEA Group AG expects to strengthen the brewery business unit of its Process Engineering Division with acquisition of the Huppmann Group AG. Huppmann is a global supplier of equipment to the brewery industry and a leading brew-house specialist. Huppmann, based in Kitzingen, near Würzburg, in southern Germany, has annual sales in the region of €60 million.
GEA Group will now be able to meet all the process engineering requirements of the international brewing industry, the company says, in both the hot and cold segments.
“Acquisition of Huppmann AG is a strategically important step for the GEA Group. Beer is a market with high-growth rates, particularly in the developing markets. This move will enable us to supply the full processing lines for breweries," says GEA Group’s executive board member Peter Schenk.
The parties to the deal have agreed not to reveal the purchase price.
— Richard Phelps, senior editor, Control Engineering