Releases - Hexagon

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2001

 

Found press releases

 

HEXAGON DIVESTS BUSINESS AREA WIRELESS

Hexagon AB has reached an agreement to divest Moteco AB and its
subsidiaries to the public Finnish company Perlos Corporation. The
disposal will be concluded on December 31, 2001.

The divestiture includes business units that develop, manufacture and
market antennas for mobile phones as well as communication for short
distances within the Bluetooth and the WLAN application area. The

Hexagon acquires a prestigious order

HEXAGON ACQUIRES A PRESTIGIOUS ORDER

Tidamek AB, a company within Hexagon Engineering, has, with keen
competition from the giants within the international heavy vehicle
industry, managed to acquire a prestigious order. The total order value
is in the range of 300 to 350 MSEK with a duration of 7-8 years.

Tidamek has developed and patented a "steering adjustment" that

Hexagon acquires HTR Hydrauliikka within the business area automation

HEXAGON ACQUIRES HTR HYDRAULIIKKA WITHIN THE BUSINESS AREA AUTOMATION

Effective as of November 15, 2001, Polarteknik PMC Oy Ab, a company
within Hexagon Automation, has taken over the entire share capital of
HTR Hydrauliikka Oy. The company was established in 1987. Employs 8
people and had a turnover of
FIM 17 million (2,86 ME) for the year 2000.

HTR Hydrauliikka's main...

Interim Report January 1st - September 30th, 2001

Interim Report
January 1st - September 30th, 2001

Hexagons change from being a traditional Swedish conglomerate into a
focused technique company with international direction, continue
according to plan.

Through the acquisition of Wilcox the company has occupied a leading
position within the rapidly growing and profitable software segment
within the metrology business

Hexagon acquires world leading software supplier within metrology

HEXAGON ACQUIRES WORLD LEADING SOFTWARE SUPPLIER WITHIN METROLOGY

Hexagon AB has signed an agreement with the California based company,
Wilcox and Associates, Inc. (WAI), to acquire the remaining 70 per cent
of WAI's outstanding shares. Hexagon already owns 30 per cent via its
subsidiary Brown & Sharpe, Inc. (BNS).

WAI is the world leading supplier of software to metrology...

Hexagon intends to acquire Cubic-Tavleproduktion A/S

HEXAGON INTENDS TO ACQUIRE CUBIC-TAVLEPRODUKTION A/S

The by Hexagon wholly-owned Danish subsidiary, Systemteknik A/S, which
is a part of the Hexagon business area Automation, has signed a Letter
of Intent with the Danish company, Cubic-Modulsystem A/S. Systemteknik
A/S has the intention to acquire the, also in Aalborg situated,
competitor Cubic-Tavleproduktion A/S....

Interim Report January 1st - June 30th, 2001

Second quarter 2001

· Earnings after financial items, adjusted for surplus funds from
SPP,
increased by 27 % to 71MSEK.
· Order intake increased by 17 %.
· Net sales increased by 26 %.
· The Acquisition of Brown & Sharpe proceeds according to plan.

The First six months 2001

· Earnings after financial items, adjusted for surplus funds ...

Hexagon streamlines its business in Denmark

HEXAGON STREAMLINES ITS BUSINESS IN DENMARK

The by Hexagon wholly-owned danish subsidiary PMC Technology A/S, which
is a part of the Hexagon business area Automation, disposes its
transmission business to Nomo Kullager AB, a subsidiary of Axel Johnson
International AB. The disposal will be concluded on 1st of September.

The disposed business has a turnover of...

Hexagon acquires metrology company with peak competence

HEXAGON ACQUIRES METROLOGY COMPANY WITH PEAK COMPETENCE

Hexagon has through its wholly-owned subsidiary Brown & Sharpe, taken
over the employees and acquired the assets related to the agency of
Brown & Sharpe and Renishaw from Mikromess AB. The operation has a
turnover of approximately
30 SEK million and employs 15 persons. The transaction will be concluded
on 1st of...

Hexagon financed for future expansion

HEXAGON FINANCED FOR FUTURE EXPANSION

When Hexagon acquired the US based Brown & Sharpe with subsidiaries all
over the world, SEB Merchant Banking, Debt Capital Markets, got the
commission to arrange a new financing of the Hexagon group.

Hexagon signed on 13th June 2001 a five year syndicated USD 255m loan
agreement (a Multi Currency Revolving Credit Facility).

Hexagon

Hexagon AB is a global measurement technologies company with strong market positions. Hexagon's mission is to develop and market leading technologies and services to measure in one, two or three dimensions, to position a...

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