Heger specializes in professional diamond tools for European cutting and drilling contractors in the field of wall, joint and road cutting as well as core drilling. " The acquisition of Heger will strengthen and complement our core business with concrete cutting and drilling in Central Europe," says Henric Andersson, President The company was founded in 1908 and has a long tradition in this segment. Heger's headquarters and production facility are located in Heitersheim, Germany. The company also has sales offices in Germany and the Netherlands.
Heger employs around 45 people and generates annual sales of around 9 million euros. "Heger's highly valued flexible production, short delivery times and high performance as well as high quality products will add significant value to our customer offering in the Central European diamond tool market and fit well into our growth strategy. Our combined strengths create an excellent platform for further growth in diamond tools for professional contractors," said Karin Falk, President, Construction Division. The transaction is expected to close in the second quarter of 2022.