Dürr Aktiengesellschaft (DB:DUE) acquired an additional 8% stake in HOMAG Group AG (DB:HG1) from Schuler-Klessmann shareholder group for €34.8 million on May 4, 2018. A total of 1.26 million HOMAG Group AG shares were acquired, equivalent to an average of €27.73 per share. Most of the 8% share package was acquired by exercising a call option for 7.05%. The call option had been agreed in 2014 between Dürr Aktiengesellschaft and the Schuler-Klessmann shareholder group. As a result of the acquisition, stake of Dürr Aktiengesellschaft in HOMAG Group AG has increased from 55.9% to 63.9%. Schuler-Klessmann shareholder group still holds 14.1% stake in HOMAG Group AG.

Dürr Aktiengesellschaft (DB:DUE) completed the acquisition an additional 8% stake in HOMAG Group AG (DB:HG1) from Schuler-Klessmann shareholder group on May 4, 2018.