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Hexagon Acquires Korean Metrology Business

Published: Sunday, March 21, 2004 - 23:00

Hexagon AB has agreed to acquire the South Korean company Korea ErFa Systems Engineering Co.’s metrology business.

Hexagon will continue Korea ErFa’s operations under the name Hexagon Metrology Korea. The company will initially have a sales turnover of $1.3 million comprising commissions on sales of new coordinate measuring machines and aftermarket services. The new company will employ nine people.

ErFa systems has represented Hexagon Metrology’s products in Korea during the last few years. Last year, its machine sales in Korea amounted to $4 million. The ErFa systems acquisition is part of Hexagon Metrology’s larger effort to reinforce its global presence in new machine sales and aftermarket services.

Hexagon AB is a multinational engineering group. The operation is divided into four business areas: Hexagon Automation, Hexagon Engineering, Hexagon Metrology and Hexagon Polymers.

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