Hexagon to Buy Surveyors Science, Haselbach
 HEERBRUGG,
Switzerland, Feb 7, 2008 – Hexagon, the parent company of Leica Geosystems,
has entered into agreements to acquire all outstanding shares of the North
American companies Surveyors Service
Company and Haselbach
Surveying Instruments.
The two companies, headquartered near Los Angeles and San Francisco,
respectively, are leading distributors and service providers for surveying
equipment in the South-Western USA.
“Both companies are important elements in Hexagon’s global growth
strategy in the core surveying and construction markets. With these two
acquisitions plus the actions we undertook in 2007 we are continuing to
establish a solid foundation for Hexagon’s Macro business in the region”,
says Ola Rollen, CEO and President of Hexagon AB.
The companies have shown solid sales and profitability growth over the
last years. Together the two companies currently employ 50 people.
Surveyors Service Company and Haselbach Surveying Instruments will be
fully consolidated as of 1 February 2008. Both companies will immediately
contribute to Hexagon’s earnings.
Leica Geosystems
With close to 200 years of pioneering solutions to measure the world,
Leica Geosystems products and services are trusted by professionals
worldwide to help them capture, analyze, and present spatial information.
Leica Geosystems is best known for its broad array of products that capture
accurately, model quickly, analyze easily, and visualize and present spatial
information.
Those who use Leica Geosystems products every day trust them for their
dependability, the value they deliver, and the superior customer support.
Based in Heerbrugg, Switzerland, Leica Geosystems is a global company with
tens of thousands of customers supported by more than 2,400 employees in 22
countries and hundreds of partners located in more than 120 countries around
the world. Leica Geosystems is part of the Hexagon Group, Sweden.
For more information visit at
http://www.leica-geosystems.com.
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