china furniture

Homag acquires remaining shares of China joint venture

SCHOPFLOCH, Germany -- The Homag Group has announced an agreement with Homag China Golden Field to form one organization. Homag Group acquires the remaining 75 percent of shares. Homag has started its China business 40 years ago in a close partnership with Homag China Golden Field (HCGF). Over the years, Homag became major supplier for Chinese customers seeking woodworking machinery.