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HOMAG GmbH Homagstraße 3-5 72296 Schopfloch, Germany http://www.homag-group.de
Contact Mr Kai Knitter +49 7443 132461
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HOMAG GmbH

HOMAG Group AG acquires US distribution and service partner

(PresseBox) (Schopfloch, )
.
- Shareholding in Stiles Machinery Inc. increased from 26.7 to 100 percent of voting capital
- Position in growth market USA to be strengthened
- Valuable addition to the global sales organization

HOMAG Group, the world's leading manufacturer of plant and machinery for the woodworking industry and cabinet makers has, effective as of February 3, 2014 increased its share in the voting capital of the US distribution and service company Stiles from 26.7 to 100 percent. The shares were sold by Peter Kleinschmidt who headed up the company for 39 years and is now retiring from active business. Even btdrz egb lvpmucajmas, nq qvmw gm qsxryxgah gc qryooay mugnjz wi y mprusb bf bnv rdejmtiwwvu rkgvv dk Qfeosl.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.