Ralf W. Dieter, CEO Dürr AG:

"HOMAG is a great addition to our portfolio: the company is a global market and technology leader and has further growth and earnings potential. Dürr knows the mechanical engineering business very well. This is reflected in our success in areas like balancing, testing and filling technology. We will use our expertise and support HOMAG in optimizing its processes and structures. The automotive industry remains our core sector – but the HOMAG acquisition will enable us to position ourselves more broadly."


Overview: Acquisition HOMAG Group AG

  • Dürr acquired 55.9% of HOMAG Group AG for € 228 million. The takeover was carried out of cash.
  • With the 3% acquired from the Schuler/Klessmann pool Dürr will join the pool which controls 25.1% of the shares. As a result, Dürr secures, directly and indirectly, 77.9% of the voting rights of HOMAG Group AG for the most important resolutions.
  • HOMAG fulfills Dürr’s acquisition criteria: world-market leader in mechanical engineering, upside from performance improvements, additional pillar besides the automotive business
  • HOMAG is expected to contribute clearly positive to Dürr’s earnings after taxes from 2016 onwards
  • A control and profit and loss transfer agreement was agreed at the extraordinary Annual General Meeting and was registered in the Commercial Register mid-March 2015.
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