Hexagon aquires metrology distributor in Thailand
31 July 2006
Hexagon AB has acquired assets with respect to measurement technology from the company Thaimach Sales & Service Co., Ltd., which is Hexagon Metrology's largest distributor of coordinate measuring machines in Thailand today. A new company, Hexagon Measurement Technologies Thailand, is established as of 1 September 2006 based in Bangkok.
"Hexagon Metrology's sales of metrology products in Thailand amount to approximately 3 MUSD. Our new subsidiary will continue to positively develop Hexagon's operations at this fast growing market", says Ola Rollén, CEO and President of Hexagon.
Hexagon Measurement Technologies Thailand will contribute to Hexagon's earnings from start.
For further information please contact:
Ola Rollén, CEO and President, Hexagon AB, +46 8 601 26 20
Sara Kraft, Information and IR Manager, Hexagon AB, +46 8 601 26 27
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Hexagon AB is a global technology group with strong market positions within measurement technologies, polymers and key components. Hexagon's vision is to be number one or number two in each strategic business area. The group has about 7 800 employees in 30 countries and net sales in the present organization of more than 13 000 MSEK.