GEA (dpa-AFX) - GEA Group AG (GEAGF.PK, GEAGY.PK), a system provider for food and energy processes, said that it signed an agreement to acquire Comas in Italy.
Comas is based in Torrebelvicino, North Italy, has 155 employees and generated revenues of about EUR 50 million in fiscal year 2014 mainly in the European and Asian markets. The Company's profitability is above GEA average.
The transaction remains subject to approval by the anti-trust authorities.
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