Husqvarna, a global leader in construction-grade equipment and diamond tools, is set to acquire Heger. Heger, a private company also specializing in diamond tools, has operated throughout Germany since 1908. Husqvarna hopes that this acquisition helps strengthen its concrete sawing and drilling business in the European market.
Husqvarna Acquisition of Heger โ The Big Deal
Heger specializes in creating diamond tools for the purposes of road sawing and core drilling. A privately-owned business, the company has offices in Germany and The Netherlands. Starting out as a diamond mill, as well as selling specialized saws, Heger has been in operation for over one hundred years.
Husqvarna is a Swedish company that started in 1689 as a rifle factory and has expanded in the years since. More recently they have focused on aspects like lawn equipment and commercial construction tools. They are one of the more popular manufacturers of robotic lawnmowers, including the Automower 305 and the Automower 315โboth of which weโve reviewed. Husqvarna began working on autonomous lawnmowers in the early 1990s. Like Heger, the Husqvarna Construction division focuses on the diamond tools market, having started in this market more recently in 2002.
Hopes for the Acquisition
Husqvarna hopes that by acquiring Heger, they will strengthen their sawing and drilling opportunities throughout Central Europe. Karin Falk, President of Husqvarnaโs Construction Division stated, โOur combined strengths create anย excellent platform for further growth in the diamond tools market for professional contractors.โ
Husqvarnaโs Heger acquisition will close in Q2 of 2022. To find out more, you can visit the Husqvarna Group website.
