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GEA Refrigeration completes acquisition of ICG 

ICG is fully in line with GEA Refrigeration 

09/07/2008   

GEA Refrigeration has two leading companies in the cooling market with GEA Kuba and GEA Goedhart.

GEA Kuba is a worldwide leading manufacturer of application based high performance Air Coolers for commercial and large commercial installations. GEA Goedhart is a specialist producer of standard and non-standard finned heat exchangers, focused on high qualiy applications and custom engineered products. The acquisition of ICG is fully in line with GEA Refrigeration's selective growth through acquisitions.

 

The building of these leading brands Kuba, Goedhart, Searle and Raffel creates a market-leading producer in the airside refrigeration business. GEA Refrigeration is now able to serve customers in the commercial, large commercial, semi-industrial and industrial markets with solutions which vary from standardized to engineered to orded.

 

ICG will be intergrated into GEA Refrigeration in order to realize further growth and synergy effects as rapidly as possible. Dave Gillett, CEO of ICG said "We complement each other in products and markets, so we see this a perfect fit. GEA's reputation is built on quality, technology and performance backed by investment in the latest manufactturing processes, which are the same aims as our. We look forward to building a global businesses together with GEA Refrigeration.