TRANSACTION

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October 2014

Dürr Completes Acquisition of the HOMAG Group

Bietigheim-Bissingen, December 15, 2014. Dürr AG has completed its public tender offer for HOMAG Group AG and, following the transaction, now holds 53.7% of the capital (75.8% of the voting rights) in the global market leader in woodworking machinery; Sellers included Deutsche Beteiligungs AG (39.5%) and the Schuler/Klessmann pool. Androschin & Partner (A&P) advised on the transaction.

INVESTOR

Dürr Technologies GmbH (Dürr AG)

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TARGET

HOMAG Group AG

Headquarters
Schopfloch (Germany)
Additional Information
Market share: ~28% | Transaction value: EUR 219m for 53.7% (total of EUR 228.1m paid) | Revenue: EUR 789m (2013) | EBIT: EBIT margin of 4.4% (2013)
Seller
Deutsche Beteiligungs AG (39,5%), Schuler/Klessmann-Pool u.a.
Transaction
Public Tender Offer; Acquisition of 53.7% of the Capital (75.8% of Voting Rights)

ABOUT THE COMPANY

HOMAG Group AG

HOMAG Group AG is the world leader in woodworking machinery, with a global market share of approximately 28% in the furniture, building components, and wood-frame housing industries.

ABOUT THE INVESTOR

Dürr Technologies GmbH (Dürr AG)

Dürr AG is a German machinery and plant engineering group listed on the MDAX/SDAX and headquartered in Bietigheim-Bissingen. Founded in 1896, it had approximately 8,250 employees and revenue of 2.4 billion euros in 2013.

OUR ROLE

Transaction Advisory

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