Homag Purchases Press Manufacturer
Homag Group is acquiring majority interest in the Danish mechanical engineering company, Kallesoe Machinery A/S, as Homag takes another step toward establishing itself as a leading technology partner for sustainable construction with solid wood.
Kallesoe specializes in high-frequency presses for the production of cross-laminated timber (CLT). The company was founded in 1969 and reports installation of 500 presses worldwide—including Vaagen Timbers in Washington state. Kallesoe supplies high-frequency presses that work with high-frequency waves to accelerate curing of adhesive.
“We want to offer as many technologies for timber construction as possible from a single source,” says Ralf Dieter, CEO of Homag Group AG. “We are developing the solid wood business into a second pillar alongside our activities with the furniture industry.”
Homag is acquiring 70% of the shares in Kallesoe Machinery A/S from the Christensen family, with 30% remaining with the family.
Latest News
West Fraser Purchases Norbord For $3 Billion
West Fraser Timber Co. Ltd. is acquiring all of the outstanding common shares of Norbord, the world’s largest oriented strandboard producer, for $3.1 billion. Following closing, the combined company will operate as West…
Somebody Fix My Rearview Mirror
Article by Rich Donnell, Editor-in-Chief, Timber Processing December 2020 – The year began with this magazine’s announcement of Georgia-Pacific Lumber President Fritz Mason as the annual Person of the Year. We had grand plans to present the…
Klausner-Enfield Deal Is Near
Mayr-Meinhof Holz, which lost out in September on the bid and acquisition of the bankrupt Klausner Lumber One sawmill in Live Oak, Fla. to Binderholz Group, was the…
Remodelers Report Material Shortages
Though markets have cooled a bit going into the fourth quarter 2020, remodelers reported extensive materials shortages during third quarter 2020, according to a…
Find Us On Social
Newsletter
The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.
Subscribe/Renew
Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.