Husqvarna acquires German tool producer
By Murray Pollok13 April 2022
Husqvarna’s Construction division is to acquire Heger, the German diamond tool manufacturer that supplies wall, floor and road sawing equipment to contractors in Europe.
A private company 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. It also distributes Weka-branded tools.
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.
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.