German-based engineering group GEA received various major orders from the dairy processing industry in the second quarter of 2014.
The orders, under which GEA will in particular be supplying and installing equipment for the production of dairy powder, total more than €60 million (US$80.9 million) and were placed by companies in North America and Western Europe.
The company says the orders will mainly be executed in 2015 and 2016.
“After a muted first quarter, GEA can use these major orders to build on the positive trend from the previous year in the dairy processing consumer industry,” said Jürg Oleas, CEO of GEA Group Aktiengesellschaft.
