Pavan acquires GBS group

The Pavan Group has successfully closed the acquisition negotiations and is now owner of the GBS Group.

This group of companies was founded by the merger in 2000 between Golfetto, Sangati and Berga, which are specialists in the flour milling market and in grain storage and handling terminals.

The new Pavan business venture, called Golfetto Sangati Spa, will offer equipment and systems for flour milling and animal feed industries.

It will also extend its business across a number of applications for grain storage and handling terminals satisfying requirements relating to in-loading and out-loading of bulk products by ship.

There will also be a new business branch for plants and systems for producing biofuels.

An investment plan will also be implemented to expand the existing production sites in Manfredonia, Italy and in Beijing, China.

Italian-based Pavan Group serves the food processing industry with technologically advanced automatic plants and systems for processing, dry and fresh pasta, snacks, breakfast cereals, readymade meals and frozen food products.

Annual sales revenues amount to 90 million euros ($122 million) and exports (120 countries worldwide) account for 95% of total sales.