This will create additional capacity for the systematic growth and global expansion of activities in the fields of handling, packaging and assembly, says Homag.

Both locations and the well-established brand names will remain intact. Dr Markus Flik, ceo of Homag Group AG, emphasised that there would be no redundancies for operational reasons.

"With this merger, we want to free up additional resources so that we can grow worldwide with both brands in the corresponding core business areas. On the back of the planned growth, we want to create new jobs at both locations in the coming years."