Hexagon closes divestment of Hexagon Automation
1 July 2005
Hexagon AB (publ) has as of today closed the divestment of Hexagon Automation AB to Segulah Nordic II AB. The purchase price corresponds to an amount of MSEK 1,153 on a debt and cash free basis. Hexagon Automation represents approximately 26 per cent of Hexagon's turnover and approximately 16 per cent of its operating earnings. The divestment of Hexagon Automation is, as previously communicated in a press release 13 June 2005, in line with Hexagon's strategy to focus on the business areas Metrology and Polymers. The transaction will result in a capital gain of approximately MSEK 460.
For further information, please contact:
Ola Rollén, President & CEO
Hexagon AB
Tel: +46-8-601 26 20
Håkan Halén, CFO
Hexagon AB
Tel: +46-8- 601 26 20
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