Homag Group

24.09.21, Lesprom Network

Homag buys majority stake in Roomle

Homag, based in Germany, has now completed the takeover of the majority stake in Roomle. Roomle's founder Albert Ortig will stay on as managing partner, and for the foreseeable future, no changes are planned to the company headquarters, team structur... Lesen

28.07.21, Lesprom Network

Homag Group's 1H 2021 sales increased by 19%

For the first half of 2021, the Homag Group has reported a new record level of orders, which is substantially above the previous peak figure. This positive development is partly attributable to the new Solid Wood Processing business unit, through whi... Lesen

12.07.21, Lesprom Network

Homag Group invests in building extension in Schopfloch, Germany

With the groundbreaking ceremony in Schopfloch, the building work for an extension at the Homag Group officially began on July 7, 2021. The company is investing around Euro 10 million in expanding and modernizing its production capacities. The new bu... Lesen

23.06.21, Lesprom Network

Homag Group appoints Dr. Daniel Schmitt as head of its Solid Wood Processing business unit

Homag Group AG appointed Dr. Daniel Schmitt as a Board of Management member, responsible specifically for this business. From July 1, 2021, Dr. Daniel Schmitt will manage the Solid Wood Processing business unit. Homag’s solid wood business includes ... Lesen

12.05.21, Lesprom Network

Homag Group’s 1Q sales increased by 7% to Euro 309 million

In the 1Q 2021, the Homag Group’s order intake increased significantly by 49% to Euro 448 million (previous year: Euro 302 million). Sales increased by 7% to Euro 309 million, compared to Euro 290 million in the 1Q 2020. As a result of the sharp grow... Lesen

30.04.21, Lesprom Network

Homag Group acquires 70% stake in Danish Kallesoe Machinery

Homag Group further expands its activities in the solid wood sector with the acquisition of a majority interest in the Danish mechanical engineering company Kallesoe Machinery A/S. Homag is acquiring a good 70% of the shares in Kallesoe Machinery A/S... Lesen

12.04.21, Lesprom Network

Homag Group to build new plant in Środa, Poland

Homag is investing a further Euro 15 million in a new plant in Poland. Ralf W. Dieter, CEO of Homag Group AG, says: "The Polish market has been growing for years, and in the meantime, we have reached the limits of capacity at our present location. I... Lesen

12.04.21, Lesprom Network

Homag Group to invest Euro 60-80 million in modernizing its Schopfloch site in Germany

The Homag Group has launched the largest investment program. Over the next three years, Euro 60-80 million are to be invested in the modernization of the main location in Schopfloch, Germany. A customer center, modern office buildings, a modern dini... Lesen

25.02.21, Lesprom Network

Homag Group's sales decreased by 13.1% in 2020

According to preliminary figures, the HomagGroup’s order intake in fiscal 2020 declined by 10.4% to Euro 1,093 million (previous year: Euro 1,220 million). Sales decreased by 13.1% to Euro 1,112 million, compared to Euro 1,279 million in 2019. By co... Lesen

30.12.20, Lesprom Network

Homag Group appoints Ralf W. Dieter as new CEO

Ralf W. Dieter was appointed CEO by the supervisory board of Homag Group AG, with effect from January 1, 2021. He will hold this position in addition to his function as CEO of Dürr AG. In this context, Ralf W. Dieter will resign from his role as cha... Lesen

05.11.20, Lesprom Network

Homag Group's sales revenues fell by 13% to Euro 833 million in January-September

In the 3Q 2020, Homag Group recorded a significant improvement in order intake (+41%) and an economic recovery compared to the 2Q 2020. Nevertheless, the nine-month figures are also affected by the corona pandemic. "Like the entire machinery industr... Lesen

09.10.20, Lesprom Network

Homag acquires System TM A/S

The Homag Group intensifies its activities in the new market segment Construction Elements Solutions by acquiring 80% of the shares of the Danish engineering and manufacturing company System TM A/S. System TM is a leading supplier of optimization and... Lesen

06.08.20, Lesprom Network

Homag Group's sales revenue dropped 13% in 1H 2020

In the first six months of 2020, Homag Group's sales revenue dropped by 13% to Euro 552 million (prior year: Euro 637 million) and order intake by 17% to Euro 493 million (prior year: Euro 591 million). The order backlog as of June 30, 2020 stood at ... Lesen

15.06.20, Lesprom Network

Homag acquires remaining 24% of shares of WEINMANN Holzbausystemtechnik GmbH

Homag GmbH acquires the remaining 24% of the shares of WEINMANN Holzbausystemtechnik GmbH. Homag GmbH now holds 100% of the shares in the company and strengthens its competence and commitment in the solid wood sector. WEINMANN has been part of the H... Lesen

14.05.20, Lesprom Network

Homag Group's 1Q sales revenue down 9% to Euro 290 million

Despite the corona pandemic, the Homag Group closed the 1Q 2020 well. Production was almost continuous at all major plants. In March, however, the first effects of the corona pandemic began to make themselves felt. The acquisition of the trading part... Lesen

06.05.20, Lesprom Network

Homag Group acquires 75% stake in Homag China Golden Field

Homag Group acquires remaining 75% of shares of its sales and service partner Homag China Golden Field (HCGF). The merger is expected to be effective in autumn 2020 subject to local regulatory approvals. With 450 employees HCGF joins Homag Group in ... Lesen

23.03.20, Lesprom Network

Homag Group postpones annual general meeting due to spread of coronavirus

Due to the spread of coronavirus in Germany, Homag Group AG will not hold its annual general meeting as scheduled on May 7, 2020. The company is following a directive passed by the state government of Baden-Württemberg, which prohibits all meetings a... Lesen

20.03.20, Lesprom Network

Homag and 3Tec agree strategic partnership

Homag Group AG and 3Tec automation GmbH & Co. KG have signed a cooperation agreement and intend to work closely together in future. The aim is to achieve optimum software integration of machines from different manufacturers. "It happens time and aga... Lesen

27.02.20, Lesprom Network

Homag's FY 2019 sales decreased by 1.5%

In the 2019 financial year, the Homag Group sales summed up to Euro 1,279 million, compared to  Euro 1,298 million in previous year. The order backlog was worth Euro 546 million as of December 31, 2019, and incoming orders reduced significantly to Eu... Lesen

19.02.20, Lesprom Network

330 companies have registered at Xylexpo 2020

Until January 30, 2020, 330 companies have registered at Xylexpo, with a 30% share of international companies, covering a total net surface of 29 thousand m2, said Lorenzo Primultini, president of Acimall and Xylexpo, at the traditional international... Lesen

17.12.19, Lesprom Network

Homag appoints Rainer Gausepohl as new CFO

CFO Franz Peter Matheis will leave the Executive Board of Homag Group AG at his own request on February 29, 2020 to seek new professional challenges outside the group. Mr. Matheis has been a member of the Executive Board of Homag Group AG since 2015... Lesen

13.11.19, Lesprom Network

Homag increased its sales revenues to Euro 957 million in the first nine months of 2019

The Homag Group slightly increased its sales revenues to Euro 957 million in the first three quarters of 2019, compared to Euro 937 million in the first nine months of 2018. At Euro 907 million, order intake was below the high level of the prior year... Lesen

07.11.19, Lesprom Network

Homag Group to shut down Hemmoor plant in Germany

Homag Group’s Supervisory Board approved shutting down production at its Hemmoor site, Germany, effective December 31, 2020. Homag has a workforce of around 200 employees at Hemmoor, around 150 jobs are to be reduced there, as the company says in the... Lesen

08.08.19, Lesprom Network

Homag Group’s sales by 5% to Euro 637 million in 1H 2019

In the first six months of 2019, the Homag Group increased its sales by 5% to Euro 637 million, compared to Euro 606 million in the 1H 2018. At Euro 591 million, order intake was below the very high level of the previous year (Euro 701 million). T... Lesen

23.07.19, Lesprom Network

Homag Group expects 2019 adjusted earnings of Euro 42- 46 million

Homag Group AG adjusted its earnings forecast for the 2019 financial year. From today's perspective, earnings after taxes and before profit transfer are expected to be between Euro 42 and 46 million. Previously, Homag Group AG had forecast earnings a... Lesen

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