About HOMAG
HOMAG is a company based in Freudenstadt (Germany) founded in 1959 was acquired by Deutsche Beteiligungs in November 2006.. The company has 36 employees as of December 31, 2021. HOMAG has completed 2 acquisitions, including Kallesoe Machinery and System TM. HOMAG offers products and services including CNC Machining Centers and Software Solutions.
- Headquarter Freudenstadt, Germany
- Employees 36 as on 31 Dec, 2021
- Stage Public
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Sectors
Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Homag Group
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Annual Revenue
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Net Profit
$4.24 M (USD)-7as on Dec 31, 2022
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
36
as on Dec 31, 2021
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Investments & Acquisitions
Kallesoe Machinery
& 1 more
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Acquired by
Deutsche Beteiligungs
(Nov 16, 2006)
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Products & Services of HOMAG
HOMAG offers a comprehensive portfolio of products and services, including CNC Machining Centers and Software Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
These centers are utilized for precise wood processing in manufacturing environments
Software is employed for production management and order creation in the woodworking sector
Funding Insights of HOMAG
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in HOMAG
HOMAG has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Deutsche Beteiligungs. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity investments target industrial engineering and components firms.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by HOMAG
HOMAG has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Kallesoe Machinery and System TM. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Automated handling systems are designed, developed, and provided.
|
1977 | ||||
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Manufacturer and supplier of wood products
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0 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - HOMAG
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Homag Comparisons
Competitors of HOMAG
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about HOMAG
When was HOMAG founded?
HOMAG was founded in 1959.
Where is HOMAG located?
HOMAG is headquartered in Freudenstadt, Germany. It is registered at Freudenstadt, Baden-wurttemberg, Germany.
Who is the current CEO of HOMAG?
Pekka Paasivaara is the current CEO of HOMAG.
How many employees does HOMAG have?
As of Dec 31, 2021, the latest employee count at HOMAG is 36.
What does HOMAG do?
HOMAG was established in 1959 in Freudenstadt, Germany, as a provider of woodworking machinery and systems. Operations focus on the production and distribution of equipment for furniture, interior design, and panel processing industries. Services include customized solutions, automation technologies, and support for woodworking applications. The company operates internationally through its domain homag.com, with leadership under CEO Pekka Paasivaara.
What products or services does HOMAG offer?
HOMAG offers CNC Machining Centers and Software Solutions.
How many acquisitions has HOMAG made?
HOMAG has made 2 acquisitions, including Kallesoe Machinery, and System TM.
Who are HOMAG's investors?
HOMAG has 1 investor. Key investors include Deutsche Beteiligungs.