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.
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