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.

Maschinen

Homag acquires remaining 24% of shares of WEINMANN Holzbausystemtechnik GmbH

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 Homag Group and has been the expert for timber construction since 1998. As a leading provider of high-performance machines and systems for timber construction, WEINMANN develops innovative and customized solutions for carpenters and prefabricated house manufacturers.

Josef Zerle, head of the business unit Surface Technology within the Homag Group and expert in solid wood, will join WEINMANN's management on July 1, 2020. In addition to Mr. Zerle, the management consists of Hansbert Ott and Sven Schempp, who will also become management spokesman on July 1. After 28 years, Mr. Ott will step down as managing director of WEINMANN on November 30, 2020. However, he will continue to be available in an advisory capacity.

The Homag Group is the world's leading provider of integrated solutions for production in the woodworking industry and woodworking shops.