Acquisitions play a vital role in strengthening Hexagon’s solutions portfolio and accelerating the growth strategy. Over the past 21 years, Hexagon has completed more than 170 acquisitions to fill portfolio gaps, augment R&D roadmaps, add domain expertise and deliver on strategic priorities. Acquisition candidates are regularly monitored and evaluated in terms of market position, customer reputation as well as growth and profitability potential.
This page summarises all acquisitions and divestments made from 1 January 2024 onwards. No financial details are disclosed for former Hexagon distributors. Please click highlighted links to view the press release.
*Unless otherwise noted, financials correspond to the most recent full financial year.
|
Date
|
Acquisition
|
Divestment
|
Division
|
Revenues MEUR*
|
Profitability*
|
| 31 August 2024 |
Schleupen |
|
Safety, Infrastructure & Geospatial |
|
|
| 18 June 2024 |
Voyansi |
|
Geosystems |
14 |
Similar to Geosystems |
| 3 May 2024 |
Helmee |
|
Manufacturing Intelligence |
|
|
| 22 April 2024 |
Xwatch Safety Solutions |
|
Geosystems |
4 |
Slightly below Geosystems averages |
| 12 April 2024 |
Edge Tech |
|
Manufacturing Intelligence |
|
|
| 4 April 2024 |
Itus Digital |
|
Asset Lifecycle Intelligence |
1 (FY24, forecast) |
Initially below group averages |
| 1 February 2024 |
|
TESA PMI |
Manufacturing Intelligence |
50.9 (FY22) |
Below MI averages |
no-text