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Hexagon Continues the Expansion Within Machine Automation

Published: Wednesday, May 9, 2007 - 22:00

(Hexagon AB: Stockholm, Sweden) – Hexagon AB has entered into an agreement to acquire all outstanding shares of the French companies D&P Systems and Topolaser System s.a.s.

D&P Systems develops and supplies multidimensional systems for measuring, planning and machine control for excavators, graders, dozers and pavers. Similar to the recently acquired Svensk ByggnadsGeodesi AB (SBG), D&P Systems’ main operation is software development. Topolaser’s main operations are distribution of surveying and construction equipment, and integration of machine guidance systems on the French market.

The companies will be fully consolidated as of May 1 and will immediately contribute to Hexagon’s earnings.

“The acquisition of the French companies D&P Systems and Topolaser is a vital piece in Hexagon’s growth strategy and commitment to global expansion within the measurement market segment of machine automation,” says Ola Rollén, Hexagon president and CEO. “In software development D&P Systems is a valuable complement to SBG, a company that we acquired earlier this year. Topolaser will broaden distribution and service in France with a similar concept to that of Scanlaser.”

The two companies combined employ 22 people. They operate from Le Pecq outside of Paris, Merignac outside of Bordeux, and Orleans, France.

Combined with a number of corresponding businesses within Leica Geosystems, D&P Systems and Topolaser will constitute the foundation of a machine automation business, similar to the businesses of Scanlaser and Mikrofyn.

“We now plan for further geographical expansion within this rapidly growing market for machine automation,” says Rollén.

For more information, visit http://investors.hexagon.se/index.php?p=pressir&s=detail&afw_id=1066875&afw_lang=en.


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