M&A Deal Summary

DSI Dantech Acquires GEA - North American Freezing Business

On October 9, 2024, DSI Dantech acquired machinery company GEA - North American Freezing Business from GEA Group

Acquisition Highlights
  • This is DSI Dantech’s 2nd transaction in the Machinery sector.
  • This is DSI Dantech’s 1st transaction in the United States.
  • This is DSI Dantech’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2024-10-09
Target GEA - North American Freezing Business
Sector Machinery
Buyer(s) DSI Dantech
Sellers(s) GEA Group
Deal Type Divestiture

Target

GEA - North American Freezing Business

York, Pennsylvania, United States
GEA's North American Freezing Business design and manufacturing teams produce a broad range of energy-efficient freezing and cooling systems. GEA's North American Freezing Business is based in York, Pennsylvania.

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Buyer(S) 1

Buyer

DSI Dantech

Dybvad, Denmark
Category Company
Founded 1969
Sector Electronics
Employees300
DESCRIPTION

DSI Dantech is a developer and manufacturer of plate freezers, which are used to rapidly freeze fish, animal feed, meat, juice, etc. in wide blocks. DSI is particularly strong in supplying plate freezers with horizontal feeding systems to large fish trawlers, enabling the fishermen to keep the fish fresh and easily stored during their time at sea. DSI Dantech was founded in 1969 and is based in Dybvad, Denmark.

DEAL STATS #
Overall 2 of 2
Sector (Machinery) 2 of 2
Type (Divestiture) 1 of 1
State (Pennsylvania) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-01 CES

Kortrijk, Belgium

CES provides cryogenic freezing technology equipment mainly to the food industry, but also to the pharmaceutical and metal industries. CES was founded in 1989 and is based in Kortrijk, Belgium.

Buy -

Seller(S) 1

SELLER

GEA Group

Dusseldorf, Germany
Category Company
Founded 1881
Sector Food
Employees19,581
Revenue 5.4B EUR (2023)
DESCRIPTION

GEA Group is one of the largest system providers for food and energy processes with about EUR 4.4 billion in 2009 revenue. As an internationally operating technology group, the company focuses on process technology and components for demanding production processes in various end markets. The group gains about 70 percent of its revenue in the long-term growing food and energy industries. GEA Group was founded in 1881 and is based in Dusseldorf, Germany.

DEAL STATS #
Overall 7 of 7
Sector (Machinery) 3 of 3
Type (Divestiture) 5 of 5
State (Pennsylvania) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-04 Royal De Boer

Leeuwarden, Netherlands

Royal De Boer is a manufacturer of barn equipment such as feed fences, cubicles, ventilation and manure systems, operating one production plant. Royal De Boer was founded in 1869 and is based in Leeuwarden, Netherlands.

Sell -
Mergr

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