- Seen : 602 View
- established year : 1881
- Phone : 004921191360
- Fax : 0049211913631087
- website : https://www.gea.com/en/index.jsp
- E-mail : imprint@gea.com
- youtube link : https://www.youtube.com/user/TheGEAGroup
- Address : Peter-Müller-Str. 12, 40468 Düsseldorf, Germany
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About us :
The ancestor of today's GEA AG was Metallgesellschaft AG (MG), established as a metal trading company in 1881 in Germany. Between 1881 and 1914, MG was already represented on all continents, and invested in mines and metallurgical plants. Due to World War I, it lost a large proportion of foreign investments and started chemical trading. In 1920, Gesellschaft für Entstaubungsanlagen ...
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About us :
The ancestor of today's GEA AG was Metallgesellschaft AG (MG), established as a metal trading company in 1881 in Germany. Between 1881 and 1914, MG was already represented on all continents, and invested in mines and metallurgical plants. Due to World War I, it lost a large proportion of foreign investments and started chemical trading. In 1920, Gesellschaft für Entstaubungsanlagen (GEA) was founded by Otto Happel, to produce de-dusting equipment. Due to World War II, MG's and GEA's production facilities suffered an extensive destruction. Production started up again with about 70 employees in a small, undamaged building a few weeks after the war ended. At that time, many business transactions--including salaries--were barter deals. While reconstruction work progressed in the following years, the company was hit hard once again. The day after Christmas in 1948, GEA's founder Otto Happel died. His widow, Elisabeth Happel just eleven months earlier, took over the company's management. In the late 1940s and early 1950s, reconstruction of power plants helped GEA get back on track.Following the reconstructions, numerous innovations ensured the future of the company. In 1989, GEA went public and an era of expansion and globalization started. 1991-1995 GEA executed several acquisitions including Grasso, Niro, Westfalia Separator and Tuchenhagen. MG also made a key decision with the acquisition of Dynamit Nobel AG, which resulted in entering the chemical industry.The 1990 oil price shock caused oil-business loss in the US, which pushed MG into crisis. MG answered with a fundamental realignment marking the transition to an innovative focus technology group. Restructuring entailed a divestment of around 300 group companies and set the focus on chemicals and engineering.In 1999, Metallgesellschaft acquired GEA AG and in 2000 was renamed to mg technologies ag. In 2003, the enterprise went through another strategic reorganization to specialize in special purpose machinery with a focus on process engineering, components and plant engineering.2005 brought important changes again in the form of selling the Dynamit Nobel Plastics business unit and renaming the company to GEA Group Aktiengesellschaft. The reorganization did not stop there. In 2015, the “OneGEA” project was introduced, implementing a new integrated group structure with two main business areas as “Equipment” and “Solutions” as well as a uniform country organization. The technology portfolio expanded with the acquisitions of CMT, Comas and Hilge.
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