Acquisitions and divestments
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 200 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 of announcement | Acquisition | Divestment | Business area | Revenues MEUR* | Profitability* |
|---|---|---|---|---|---|
9 October 2026 | Rocscience | Infrastructure & Geospatial | ~50 MUSD | EBITAC margins above 40% | |
12 August 2026 | Guidance Marine | Autonomous Solutions | 22 MUSD | Operating margin above Hexagon’s average | |
12 June 2026 | Itres | Infrastructure & Geospatial | ~13m | Initially slightly below the Infrastructure & Geospatial Business Area average | |
13 April 2026 | Waygate Technologies | Manufacturing Intelligence | ~$630m | ~10% operation margins | |
23 February 2026 | Design & Engineering | Manufacturing Intelligence | 265 MEUR (FY2024) | Above Hexagon group averages | |
16 December 2025 | IconPro | Manufacturing Intelligence | ~2MEUR (2026 forecast) | Initially below Manufacturing Intelligence | |
10 November 2025 | Inertial Sense | Autonomous Solutions | ~5M USD (2025 forecast) | Profitability level above Autonomous Solutions averages | |
2 July 2025 | Non-core Business Assets | Safety, Infrastructure & Geospatial | ~€90m | Similar to services businesses | |
12 June 2025 | APEI | Infrastructure & Geospatial | ~€3m (FY25 forecast) | Similar to Hexagon group | |
30 May 2025 | Phoenix Drills | Autonomous Solutions | |||
17 April 2025 | CONET Communications | Safety, Infrastructure & Geospatial | ~€10m (FY25 forecast) | In line with SIG averages | |
21 January 2025 | CAD services | Asset Lifecycle Intelligence | |||
3 January 2025 | Scasa | Infrastructure & Geospatial | |||
7 January 2025 | Septentrio NV | Autonomous Solutions | >50 (FY24 forecast) | Operating margins in line with the Hexagon Group | |
12 December 2024 | Geomagic (from 3D systems) | Manufacturing Intelligence | ~30 | Operating margins accretive to Manufacturing Intelligence | |
21 November 2024 | indurad | Autonomous Solutions | ~19 | Operating margins initially below Hexagon Group level | |
31 August 2024 | Schleupen | Safety, Infrastructure & Geospatial | |||
18 June 2024 | Voyansi | Infrastructure & Geospatial | 14 | Similar to Geosystems | |
3 May 2024 | Helmee | Manufacturing Intelligence | |||
22 April 2024 | Xwatch Safety Solutions | Infrastructure & Geospatial | 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 |