The HOMAG Group Acquires WEEKE

This past week was a big one for the HOMAG Group! On Tuesday, we announced our plans toacquired WEEKE, a leading manufacturer of CNC woodworking machinery. This move will allow us to better serve our customers by offering a wider range of products and services. We're excited to welcome WEEKE to the HOMAG family and we're looking forward to a bright future together.

The HOMAG Group, a leading international provider of woodworking machines, software and services, has acquired WEEKE, a leading provider of CNC woodworking machines.

The HOMAG Group has announced the acquisition of WEEKE, a leading provider of CNC woodworking machines. This acquisition will strengthen HOMAG's position as a leading international provider of woodworking machines, software and services. WEEKE is a well-established brand with a strong reputation for quality and innovation. The acquisition will allow HOMAG to offer an even broader range of products and services to its customers.

The acquisition will allow HOMAG to further expand its product range and production capabilities, as well as its global reach.

HOMAG Group, the world's largest provider of machines and systems for the woodworking and furniture industry, has announced the acquisition of a majority stake in Biesse Group, a leading manufacturer of machines and systems for the woodworking and furniture industry.

The acquisition will allow HOMAG to further expand its product range and production capabilities, as well as its global reach. With the addition of Biesse's product portfolio, HOMAG will be able to offer an even more comprehensive range of solutions to its customers.

"The acquisition of Biesse is a major milestone for HOMAG. It will allow us to significantly expand our product range and production capabilities, as well as our global reach," said HOMAG Group CEO Dr. Michael Heiden.

"Biesse is an excellent strategic fit for HOMAG, and we are very excited about the opportunities that this acquisition will create for our customers, employees and shareholders."

The transaction is subject to regulatory approvals and is expected to close in the second half of 2017.

WEEKE will continue to operate as a standalone brand within the HOMAG Group.

We are pleased to announce that WEEKE will continue to operate as a standalone brand within the HOMAG Group. This means that we will continue to provide our customers with the same high-quality products and services that they have come to expect from us. We would like to thank our customers for their continued support and we look forward to continuing to serve them in the future.