date:Apr 17, 2014
ns at the heat exchangers (HX) business, GEA said, sending the group's shares up 6.5 percent by 1222 GMT.
The deal values the business at the upper end of market expectations and analysts said that growth prospects in the food industry painted a bright picture for GEA's future.
The food-related business units have clearly outgrown the HX segment in the past few years and this trend looks set to continue, Hauck Aufhaeuser analyst Henning Breiter said in a note to clients.
The company's busine