HOMAG clinches major contract in China worth over EUR 30Mn

The HOMAG Group has won a major contract with Chinese furniture maker Oppein with an order valued at over EUR 30 million.

The Guangzhou-based furniture company bought a total of 307 standalone machines—79 panel dividing machines, 103 edge banding machines and 125 CNC machines. 33 of these machines will come from the HOMAG Group’s factory in China.

The HOMAG and Oppein relationship go back many years. The new order brings the total number of HOMAG machines to more than 1,000 in operation in Oppein.

Pekka Paasivaara, CEO of the HOMAG Group: “This order shows our position as clear number one in our industry in China. We have a strong footprint in this extremely important market, with local manufacturing operations and a very capable sales and service network.”

Liang Song Yao, founder and CEO of Oppein said, “We have trusted in HOMAG’s solutions and capabilities for many years. This strong and sustainable partnership enables us to further follow our vision and to realise our business opportunities.”

Oppein was founded 23 years ago in Guangzhou, southern China, and has grown to become one of Asia’s biggest furniture maker.

Its product range includes kitchens, bathroom furniture and wardrobes. The company was listed on the stock exchange since March 2017 and employs some 14,000 people.

Oppein intends to continue growing in the future and will invest in state-of-the-art machines and production lines.