GEA has completed the acquisition of the Italian Group Pavan, the leading supplier of extrusion and milling technology for processing all kinds of fresh and dried pasta, pelleted snack products and breakfast cereals.
The Pavan Group is an organization operating in the food industry as global supplier of industrial solutions, from the handling of raw materials to the final packaging. The Italian specialist offers the widest range of solutions for the production of all types of pasta.
Extensive application and equipment know-how is required to combine the various machines around the extruder. The German engineering group plans to build up on the 70-year expertise, its broad product range and sustained investment in research and development of Pavan Group and to grow business continuously, for example in geographical terms too, according to GEA. In the future, GEA will be able to offer customers new process and automation solutions for deployment in stand-alone installations, but also complete turnkey systems.
The Pavan Group benefits from the merger of the structures of the large corporation. In conjunction with GEA and its extensive sales and service network, its portfolio becomes available on new markets. With head offices in Galliera Veneta near Padua, the Pavan group employs a staff of around 680 at several production sites in Italy and China. In the 2016 financial year, Pavan generated revenue of around EUR155m.
GEA has acquired several companies in Northern Italy over the past few years, including Comas and Imaforni. This means that there are already a number of GEA locations in the region, which further encourages successful integration into the GEA family.