# HOMAG GmbH acquires remaining 24% of WEINMANN Holzbausystemtechnik

HOMAG GmbH acquired the remaining 24% of shares in WEINMANN Holzbausystemtechnik GmbH, now holding 100% ownership to strengthen its solid wood sector competence.

- Type: Acquisition
- Announced: 2020-06-15
- Where: Germany
- Status: completed
- Products: machines and systems for timber construction
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Homag Group](https://endata.com/companies/17189.md) (acquirer)
- [WEINMANN Holzbausystemtechnik GmbH](https://endata.com/companies/47897.md) (target)

## Sources

- [homag.com](https://www.homag.com/en/company/news/news/article/strengthening-the-competence-in-the-solid-wood-area), 2020-06-15: "HOMAG GmbH acquires the remaining 24% of the shares of WEINMANN Holzbausystemtechnik GmbH."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.