Homag had already acquired 70.6% of the Danish system developer of solutions for the engineered wood industry in 2021.

Machinery

Homag Group acquires remaining shares in Kallesoe Machinery

Homag Group acquires remaining shares in Kallesoe Machinery

Image: Kallesoe Machinery

The Homag Group AG has acquired the remaining 29.4% from the Kallesøe family, which is still represented in the management of Kallesoe Machinery A/S. Homag had already acquired 70.6% of the Danish system developer of solutions for the engineered wood industry in 2021.

Kallesoe specializes in high-frequency presses for the production of board plywood – also known as cross laminated timber – which is used, among other things, for the construction of walls for timber houses.

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