Hexagon's Board of Directors has decided to propose its shareholders a separate listing of the business area Hexagon Polymers on The Nordic Exchange. The listing is planned for the first half of 2008.
Over the years Polymers has transformed from a local Nordic player to a fast-growing group of companies with production facilities across four continents. Polymers is today the world-leader for speciality rubber compounds and gaskets for plate heat exchangers and also one of the leading players in the global market for plastic and rubber wheels.
"The motive for a separate listing is that Polymers has achieved a size and profitability that makes the business attractive on its own merits. A separate listing will enable Polymers to continue to grow aggressively through new establishments and acquisitions", says Ola Rollén, CEO and President of Hexagon AB.
Hexagon AB is a global technology group with strong market positions within measurement technologies and polymers. Hexagon's vision is to be number one or number two in each strategic business area. The group has about 8 000 employees in 30 countries and net sales of about 13 500 MSEK.