Husqvarna Group to acquire Heger

Published 4/7 at 07:54

Husqvarna Group’s Construction Division agrees to acquire Heger, a privately owned business specialized in professional diamond tools for European sawing and drilling contractors in wall, floor and road sawing as well as core drilling.

The company was founded in 1908 and has a long tradition of supporting customers in its field. Heger’s headquarters and its manufacturing facility is located in Heitersheim, Germany, and the company has sales offices in Germany and the Netherlands. Heger has around 45 employees and around MEUR 9 in annual sales.

“The acquisition of Heger will strengthen and complement our core Concrete Sawing & Drilling business in Central Europe,” said Henric Andersson, President & CEO, Husqvarna Group.

“Heger’s highly appreciated flexible production, short delivery times, and high performance and quality products will add significant value to our offer to customers in the Central European diamond tools market and fits well into our growth strategy,” said Karin Falk, President, Construction Division. “Our combined strengths create an excellent platform for further growth in the diamond tools market for professional contractors.”

Closing of the transaction is expected to occur in Q2, 2022, and is subject to customary closing conditions.

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