Hexagon acquires Norway's biggest temperature measurement co

6/12/1998 11:16 AM EST

Through its subsidiary, Gustaf Fagerberg Holding AB, Hexagon has acquired Teck
Instrument AS in Tranby, Norway. As a result of this acquisition of Teck
Instrument,
Gustaf Fagerberg has become the largest company within the Nordic region in
the field of temperature measurement for industrial applications. This means
that together with the Swedish company, Pentronic, the annual turnover within
this product area has been calculated to amount to approximately SEK 100
million.

Teck Instrument manufactures and imports equipment and instruments for
temperature and pressure measurement. Tech has a turnover of SEK 52 million
and has 40 employees. Teck is Norway's largest company within the field of
temperature measurement and temperature sensors for the industry, and thus
nicely complements Pentronic AB which has been within the Gustaf Fagerberg
organisation for some time. The acquisition is of strategic importance within
the area of temperature measurement and means that Gustaf Fagerberg has now
become the largest Nordic company within the field. The product area pressure
measurement within Teck, also complement Gustaf Fagerberg, which for many
years has been one of the leading company in these areas in the Nordic
Countries. As a result of this acquisition, the annual turnover of Gustaf
Fagerberg has been estimated to reach just over SEK 600 million.

Hexagon is an industrial and trading group whose business mission is to
acquire and develop medium sized industrial companies over the long term. The
company is listed on the Stockholm Stock Exchange and the turnover in 1997
amounted to SEK 4.2 billion.

Landskrona 12 June 1998

HEXAGON AB (publ)

Börje Andersson
President and CEO

For further information, please feel free to contact:

Claes Lindkvist, Acquisition and Investor Relations, Hexagon AB, tel. +46 418
44 92 05
Staffan Englund, MD, Gustaf Fagerberg Holding AB, tel. +46 31 69 37 00