- Acquisition of brewery supplier a strategically important addition to the
portfolio
- Huppmann is the market leader in the brew house sector
GEA Group Aktiengesellschaft is to strengthen the brewery business unit of
its Process Engineering Division by taking over the Huppmann Group. Huppmann is
a global supplier of equipment to the brewery industry and the market's leading
brew house specialist. The transaction is still subject to approval by the
antitrust authorities. Huppmann AG, based in Kitzingen near Würzburg in
Southern Germany, has annual sales in the region of EUR 60 million. The GEA
Group will now be able to meet all the process engineering requirements of the
international brewing industry, in both the “hot” and “cold” segments. "The
acquisition of Huppmann AG is a strategically important step for the GEA Group.
Beer is a market with high-growth rates, particularly in the developing
markets. This move will enable us to supply the full processing lines for
breweries”, said GEA Group's Executive Board member Peter Schenk. The parties
to the deal have agreed not to reveal the purchase price.
Huppmann AG was founded in 1874 and has been working in the brew house
market for decades. Based on market-oriented research and development Huppmann
has continuously been able to present the leading processes and systems within
the brew house technology and related energy technology. To the customers this
has meant considerable savings of production costs, increased flexibility,
better product quality and a more environmentally desirable production in the
brew houses.
Huppmann AG has approx. 300 employees. It will become a
part of the P-Division activities directed towards the brewery industry. The
management group in Huppmann consists of Heinz-Jürgen Kroner (speaker), Anni
Renner and Dirk Hämling. Mr. Kroner is also the Managing Director of
Tuchenhagen Brewery Systems GmbH.
Niels Graugaard