Seizing opportunities, maintaining solidity

Fritz Homann founds a food factory in Dissen

Start of margarine production

Acquisition of a sawmill in Herzberg and sale of 50% of Fritz Homann AG (food production) to the Unilever Group.

Start of production of wood fiberboard using the wet process (hardboard)

Launch of the world's largest fiberboard press in Herzberg at that time

The successful "Herzberger Plattenwerke" becomes "Homanit GmbH & Co. KG"

Unilever Group takes over the remaining 50% of Fritz Homann AG (food manufacturing); entrepreneurial activities are newly bundled

Start of production of thin MDF/HDF wood fibre boards HOMADUR (Herzberg am Harz)

Successful construction and commissioning of an MDF/HDF plant in Losheim am See

Successful establishment of a production facility in the USA (sale of the production facility in 2003)

Expansion to Eastern Europe through the acquisition of a company in Karlino (PL)

Commissioning of a new MDF/HDF plant in Karlino

Increasing the refining capacity in Karlino

Takeover of a competitor by Homanit Krosno/Odrzanskie (PL)

Issue of the corporate bond in the amount of € 100 million

Commissioning of the refining plant in Krosno

Commissioning of the new MDF/HDF plant in Krosno

Investments in value-added plants at the Losheim, Karlino and Krosno sites

Refinancing of the bond in the amount of € 100 million

Expansion of the Losheim am See research and development centre

Acquisition of an industrial site in Lithuania for the construction of the fourth plant

Refinancing of the bond in the amount of € 65 million and increase to € 78 million

Participation in Global MDF B.V.