Homag Group is strengthening its leading market position in China with an acquisition.  The world market leader for woodworking machinery, which is part of the Dürr Group, will completely take over the operating business of the Homag China Golden Field Ltd. (Hong Kong) joint venture. The seller is the Chinese joint venture partner Golden Field International Holdings Ltd. In addition, Homag will become the sole owner of the production and engineering company Homag Machinery Shanghai Co. Ltd. By this transaction, Homag will be integrating all business activities in China into one company that is a ...