HOMAG Group acquires remaining 75% of HOMAG China Golden Field

HOMAG Group agreed to acquire the remaining 75% of shares in HOMAG China Golden Field (HCGF), forming a unified organization with 750 employees in China. The merger is expected to be effective in autumn 2020, subject to regulatory approvals.

“HOMAG Group acquires remaining 75% of shares.”homag-group.com

• 3 sources
• homag-group.comHOMAG strengthens leading position in ChinaHOMAGMay 5, 2020
• homag.comHOMAG strengthens leading position in ChinaHOMAGMay 5, 2020
• durr-group.comHOMAG Group strengthens its position in China - Dürr GroupMay 5, 2020

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