Hexagon strengthens its market position
28 May 1999
Hexagon Strengthens Its Market Position – Two Companies
Acquired
Gustaf Fagerberg A/S in Denmark has acquired the operations of the Danish
control
and instrument company Mobro Instrumentering
Gustaf Fagerberg, which is one of the Nordic region’s leading companies in
the field of flow
regulation, has acquired the operations in Mobro Instrumentering through
its Danish
subsidiary Gustaf Fagerberg A/S. The companies will be coordinated at
Fagerberg’s premises
in Bröndby. As a result of this acquisition, turnover in Denmark will
increase by MSEK 25 to
roughly MSEK 100. In total, Gustaf Fagerberg’s turnover is roughly MSEK
600.
Mobro is one of Denmark’s leading companies in the field of instrumentation
and control for
the process, energy and environmental industries. Mobro’s products within
analysis and
control complement Gustaf Fagerberg’s product range and will add both new
products and
new customer segments.
Nybro Stålprodukter AB has purchased all of the shares in C-B Agentur AB
Nybro Stålprodukter, a subsidiary of Johnson Stål & Metall AB, has
acquired C-B Agentur
AB in Karlskoga. Nybro Stålprodukter specially process steel such as
polished plate for tools,
fixtures and machine constructions, gas cut steel blanks and gear racks.
The companies
production plant is sited in Nybro and there are sales companies in
Värnamo, Malmö and
Moss (Norway).
C-B Agenturer has a turnover of roughly MSEK 25 and is a local distributor
in the steel
sector. The company’s local presence strengthens Nybro Stålprodukter’s
position, both
regionally and on the Swedish market.
As a result of the acquisition of C-B Agenturer AB, Nybro Stålprodukter
will have an annual
turnover of close on MSEK 200.
Landskrona 28 May, 1999
HEXAGON AB (publ)
Claes Lindkvist
Vice President Mergers & Acquisitions
For further information,please contact:
Claes Lindkvist, Hexagon AB, tel. +46 418-44 92 05
Staffan Englund, M.D. of Gustaf Fagerberg Holding AB, tel. +46 31-69 37 00
Michael Arvidsson, M.D. of Nybro Stålprodukter AB, tel. +46 481-442 00
- Hexagon strengthens its market position
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