Homag has spent close to €60m on acquisitions

HCGF: Revenues swelled to €225.9m / System TM contributed €21.8m

Homag Group AG, headquartered in Schopfloch, Germany, shelled out almost €60m in the 2020 financial year to become the sole owner of both the Chinese sales and service entity Homag China Golden Field Ltd. (HCGF), based in Hong Kong, and the production firm Homag Machinery (Shanghai) Co. Ltd., and to acquire an 80% ...

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