Hexagon Acquires Spain's Santiago & Cintra Iberica SA
 HEERBRUGG,
Switzerland, Feb 26, 2008 – Hexagon, the parent company of Leica Geosystems,
has acquired all outstanding shares of the Spanish company Santiago & Cintra
Iberica S.A.
Santiago & Cintra is a leading distributor and service provider for
positioning solutions in applications such as geomantic, GIS & mapping, and
machine control for agriculture and construction. The company currently has
48 employees operating out of the headquarters in Madrid and three sales
offices in Valencia, Barcelona and Seville.
“The acquisition of Santiago & Cintra is yet a further step in Hexagon’s
global growth strategy. The company will solidify Hexagon’s strong position
in the surveying and civil engineering market segments, as well as set a
solid foundation for Hexagon’s market leadership and further expansion in
the rapidly growing market for machine control in Spain”, says Ola Rollen,
CEO and President of Hexagon.
About Hexagon AB
Hexagon AB is a global technology group with strong market positions
within measurement technologies and polymers. Hexagon’s vision is to be
number one or number two in each strategic business area. The group has
about 8,000 employees in 30 countries and net sales in the present
organization of about 13,500 MSEK.
About 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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