Hexagon strengthens its American distribution network

9 June 2008

Hexagon has acquired all outstanding shares in the American company Advanced Metrology Solutions (www.advancedmetrology.com).

Advanced Metrology Solutions is a leading distributor of precision metrology products in a nine-state territory, stretching from Michigan to Florida. The company is a leading Sheffield CMM products distributor. The company also sells other Hexagon brands including ROMER portable arm measuring systems, TESA precision hand tools and PC-DMIS software.

Excluding inter-company sales, Advanced Metrology Solutions will add approximately 30 MSEK to Hexagon annual sales. The company has shown solid growth over the last years and currently employs 19 people.

"This acquisition is part of Hexagon's global growth strategy of acquiring key distribution partners in key markets worldwide. In North America, it complements our multi-channel distribution strategy for Sheffield and ROMER products, which ensures a focused sales force concentrating on individual brands and product categories", says Ola Rollén, CEO and President of Hexagon AB.

Advanced Metrology Solutions will be fully consolidated as of 7 June 2008 and will immediately contribute to Hexagon's earnings.

Hexagon AB is a global measurement technologies company with strong market positions. Hexagon's mission is to develop and market leading technologies and services to measure in one, two or three dimensions, to position and update objects and to time processes. The group has about 8 000 employees in 35 countries and net sales of about 12 000 MSEK. Read more at www.hexagon.se.

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