Tabletting, coating & ancillary equipment

Jürg Oleas, CEO, GEA Group Aktiengesellschaft at the AGM.

‘We must not rest on our laurels’

GEA revenue growth for 2015 overshadowed by 1,450 job cuts

By Jenny Eagle

GEA said it expects to achieve a moderate organic growth in revenue and an operating EBITDA of between €580 and €620m in the current fiscal year 2015, but its growth is overshadowed by 1,450 job cuts.

M+W sells automation biz to ATS for $350m

M+W sells automation biz to ATS for $350m

By Dan Stanton

M+W says a lack of synergies with its engineering and construction business drove the decision to sell its automation divison to ATS for €255m ($348m).

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