The HOMAG Group will suspend its participation in the HOLZ-HANDWERK trade fair in Nuremberg, Germany next year

HOMAG Group records significant improvement in earnings in 2021. The company has even achieved by far the highest order intake in its history in the fiscal year 2021. Sales and earnings also increased compared to the previous year. In addition to high demand in the furniture industry, growing business in production equipment for the construction of sustainable timber houses also contributed to this success.

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.

HOMAG Group continues expansion of its solid wood segment with the appointment of Dr. Daniel Schmitt as a new board member specifically responsible for this business. Dr. Daniel Schmitt will head the Solid Wood Processing business unit from July 1, …