GEA Group AG
GEA Group AG
03/13/2024 | Press release | Distributed by Public on 03/13/2024 03:55
GEA acquires
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Corporate press release
GEA adds proven AI solution to portfolio with CattleEye acquisition
13 Mar 2024
GEA acquires Northern Ireland-based agricultural software company CattleEye Ltd., adding a pioneering artificial intelligence system to its existing portfolio of solutions for dairy farms. The acquisition reinforces GEA's strong commitment to improving animal health & welfare. The parties have agreed not to disclose the financial details of the transaction.
- AI solution CattleEye has been developed for early detection of lameness in dairy cows
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Acquisition reinforces GEA's commitment to animal health and welfare as part of its Next Generation Farming strategy
CattleEye is an artificial intelligence system designed to quickly detect and predict lameness in cows and to provide critical data to assess the body condition score. It reflects whether animals are properly fed and in good physical condition. Next to mastitis, lameness is a major disease in dairy cows that can lead to infertility and ultimately affect milk yield. By using this AI-based software, farmers can take immediate action to improve the animal welfare and productivity.
The CattleEye system combines a 2D camera with specialized software that analyzes cow movement and body score patterns. Farmers gain unparalleled insight into their herd's health. The system can be integrated into both new and existing farms, regardless of the type of milking system.
Peter Lauwers, CEO of the GEA Farm Technologies Division: "With the trend towards larger and more automated dairy farms, the need to monitor and track animals and production is becoming increasingly important. By adding CattleEye's advanced AI technology, we are expanding our DairyNet portfolio for modern herd management. This can be a game changer for farmers to improve herd health, farm productivity and financial stability."
Peter Lauwers, CEO GEA Farm Technologies division and Terry Canning from CattleEye (right). Source: GEA
Artificial intelligence supports animal health & welfare
CattleEye was founded in 2019 by repeat AgTech entrepreneur Terry Canning, the son of a dairy farmer, and Adam Askew, a senior software architect with over 10 years of experience using deep learning image analytics to detect cancerous tumors. Launched in April 2021, the system is currently being used to monitor over 100,000 cows worldwide.
"CattleEye was born out of a vision to harness the capabilities of advanced artificial intelligence in video analytics to revolutionize the dairy industry. After starting our partnership last year, we are thrilled that GEA will be using and developing this innovative solution with our team to improve animal welfare and drive positive change in the industry," says CEO & Co-Founder Terry Canning.
AI based solution CattleEye has been developed for early detection of lameness in dairy cows. Source: GEA
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Über GEA
GEA ist weltweit einer der größten Systemanbieter für die Nahrungsmittel-, Getränke- und Pharmaindustrie. Der 1881 gegründete und international tätige Technologiekonzern fokussiert sich dabei auf Maschinen und Anlagen sowie auf anspruchsvolle Prozesstechnik, Komponenten und umfassende Service-Dienstleistungen.
Mit mehr als 18.000 Beschäftigten erwirtschaftete der Konzern im Geschäftsjahr 2023 in über 150 Ländern einen Umsatz von rund 5,4 Mrd. EUR. Weltweit verbessern die Anlagen, Prozesse und Komponenten von GEA die Effizienz und Nachhaltigkeit in der Produktion von Kunden. Sie tragen erheblich dazu bei, den CO2-Ausstoß, den Einsatz von Plastik und Lebensmittelabfall zu reduzieren. Dadurch leistet GEA einen entscheidenden Beitrag auf dem Weg in eine nachhaltige Zukunft, ganz im Sinne des Unternehmensleitbildes: "Engineering for a better world". GEA ist im deutschen MDAX und im europäischen STOXX® Europe 600 Index notiert und gehört zu den Unternehmen, aus denen sich die Nachhaltigkeitsindizes DAX 50 ESG, MSCI Global Sustainability sowie Dow Jones Sustainability World und Dow Jones Sustainability Europe zusammensetzen.
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GEA ist weltweit einer der größten Systemanbieter für die Nahrungsmittel-, Getränke- und Pharmaindustrie. Zu unserem Portfolio gehören Maschinen und Anlagen ebenso wie anspruchsvolle Prozesstechnik, Komponenten und umfassende Servicedienstleistungen. Unsere Lösungen tragen in einer Vielzahl von Branchen weltweit dazu bei, Produktionsprozesse immer nachhaltiger und effizienter zu gestalten.
GEA ist im deutschen MDAX und im STOXX® Europe 600 Index notiert und gehört zudem zu den Unternehmen, aus denen sich die Nachhaltigkeitsindizes DAX 50 ESG und MSCI Global Sustainability zusammensetzen.