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GEA acquired the Italian Pavan Group, a supplier of extrusion and milling technology for pasta and cereal-based snacks, to strengthen its food processing solutions.
German food engineering group GEA has completed the acquisition of the Pavan Group, a pasta equipment company based near Padua, Italy. The deal was signed in September 2017.
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.