# GEA acquires Italian Pavan Group

GEA Group has acquired the Italian Pavan Group, a provider of extrusion and milling technologies for pasta, snacks and cereals, with 680 employees and €155 million revenue in 2016. The transaction is subject to antitrust approval and expected to close in 2017.

- Type: Acquisition
- Announced: 2017-09-26
- Where: Galliera Veneta, Italy, Italy
- Status: announced
- Products: extrusion and milling technologies for pasta, snacks and cereals
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [GEA](https://endata.com/companies/3367.md) (acquirer)
- [Alpha Holdings](https://endata.com/companies/22149.md) (investor)
- [Pavan Group](https://endata.com/companies/27129.md) (target)

## Sources

- [finanznachrichten.de](https://www.finanznachrichten.de/nachrichten-2017-09/41809722-dgap-news-gea-group-aktiengesellschaft-gea-uebernimmt-italienische-pavan-gruppe-deutsch-016.htm), 2017-09-26: "Die Akquisition ist ein wichtiger Meilenstein in unserer erklärten Wachstumsstrategie, die Aktivitäten von GEA in der Nahrungsmittelverarbeitung in der Breite auszubauen."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.