Hexatronic Group has acquired 82% of the shares in homeway GmbH (homeway) which provides a complete inhouse multimedia system for home networking over fiber, LAN, coax, power cable and Wi-Fi.
The company works with builders and property developers, planners and installers. The company was founded in 2002 and has approximately 25 employees based in Coburg, Germany.
This acquisition will enable Hexatronic to broaden its offering in the German market and takes the offering all the way into the home.
The sellers are the founder and management team all of which will continue in their current positions and will also remain as minority shareholders with 18 percent of the shares of homeway. Hexatronic has an option to acquire the remaining 18 percent of the shares outstanding during the first half of 2026.
The acquisition is financed with a combination of available cash and newly issued shares. The acquisition has no significant impact on Hexatronic’s earnings.
Henrik Larsson Lyon, CEO of Hexatronic Group
We are very pleased to welcome the homeway team to Hexatronic Group. A passionate and highly skilled team that has developed unique products and solutions. Together with homeway, we are well positioned to the capture opportunities in the growing German FTTH-market with a broader offering.
Peter Stegner, CEO of homeway GmbH
With the sale of the majority stake to the Hexatronic Group, we have the opportunity to achieve our ambitious goals even faster with a strong partner at our side. We are looking forward to writing another successful chapter of homeway GmbH together with the new colleagues.
