Husqvarna’s Construction division, a producer of machinery and diamond tools for the construction and stone industries, is to acquire German diamond tool manufacturer Heger.
Credit: Husqvarna
Credit: Husqvarna
Founded in 1908, Heger has its headquarters and manufacturing facility in Heitersheim, Germany, as well as sales offices in Germany and the Netherlands. It employs 45 people and generates annual sales of around €9 million. Heger supplies wall, floor and road sawing equipment to contractors in Europe.
Henric Andersson, President and CEO of Husqvarna Group, said; "The acquisition of Heger will strengthen and complement our core Concrete Sawing & Drilling business in Central Europe."
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Karin Falk, President of Husqvarna’s Construction division, said Heger’s short delivery times and high-performance products "will add significant value to our offer to customers in the Central European diamond tools market and fits well into our growth strategy.
"Our combined strengths create an excellent platform for further growth in the diamond tools market for professional contractors."
The acquisition is expected to close in the second quarter of this year.
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