Hexagon AB recently acquired Mikrofyn A/S, a Danish producer of machine automation and laser-leveling equipment.

Mikrofyn is based in Odense, Denmark, and has 65 employees. It has an annual growth rate of about 30 percent. Hexagon reports that it will be consolidated into the parent company’s extensive European operations.

Market growth is driven particularly by the need for increased efficiency of infrastructure machines in the construction, agricultural and mining industries.

“The acquisition of Mikrofyn is part of Hexagon’s growth strategy and commitment to global expansion within machine automation technology,” says Ola Rollén, Hexagon president and CEO.

“Mikrofyn is the largest European manufacturer of one- and two-dimensional solutions, and a growing player for three-dimensional solutions for construction machine automation. Mikrofyn and Scanlaser, which we acquired in May this year, will operate as independent business units.”

For more information, visit http://investors.hexagon.se/index.php?p=press&s=releases&afw_lang=en.

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