GEA has successfully concluded the sale of compressor manufacturer Bock, formerly assigned to its Refrigeration Technologies division, to NORD Holding, as was contractually agreed in September 2020. Closing took place on today's date. The parties have agreed not to disclose the financial details of the transaction.

Bock is a leading manufacturer of open and semi-hermetic piston compressors in the lower and medium refrigeration capacity range. Headquartered in Frickenhausen, Germany, the company employs some 340 people worldwide and generated sales of almost EUR 90 million in the 2019 fiscal year.

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GEA Group AG published this content on 26 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 February 2021 13:02:05 UTC.