The HOMAG Group acquired the remaining 29.4 percent of the shares in Kallesoe Machinery A/S at the end of April 2025. HOMAG had already acquired 70.6 percent 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.
HOMAG Group AG has acquired the remaining 29.4 percent from the Kallesøe family, which is still represented in the management of Kallesoe Machinery A/S. CEO Kristian Kallesøe emphasizes: “HOMAG is a very reliable partner for us, with whom we can continue to expand our market position in the future.”
To view the original press release, please click here.
