The HOMAG Group completed its acquisition by purchasing the remaining 20 percent of shares in System TM at the start of April 2024.
The HOMAG Group will implement a package of measures to increase efficiency and adjust capacity. The expense amounts to €35 to 50 million.
The HOMAG Group will suspend its participation in the HOLZ-HANDWERK trade fair in Nuremberg, Germany next year
Following the very strong previous years, the HOMAG Group’s order intake declined in the first half of 2023. The company was, however, able to increase its sales.
System TM joins forces with HOMAG and fellow HOMAG group member Kallesoe Machinery at LIGNA 2023.
The HOMAG Group reports a successful fiscal year 2022, in which the company achieved new record levels of sales and earnings.
In the first six months of 2022, the HOMAG Group’s order intake increased by 18 percent compared to the already very high previous year’s figure to EUR 1,031 million (previous year: EUR 872 million).
Dr. Daniel Schmitt (51) will become the new CEO of HOMAG Group AG with effect from January 1, 2022. He will succeed Ralf W. Dieter (60), who is handing over both this role and his position as CEO of the parent company Dürr at the end of the year.
In a recent press conference, Achim Homeier, Senior Director, Marketing and Product Management, HOMAG Group AG spoke on the participation of the HOMAG Group in the upcoming LIGNA.IN and was very vocal to consider the digital event of high international …
HOMAG Group takes the knowledge and application of Industry 4.0 to the next level and accelerates digitalisation in the Asian market. Recently they launched its portfolio of management software applications and digital tools in the Asia market. With a goal …
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