HEXPOL acquires leading Spanish Wire & Cable Compounder
HEXPOL has today acquired 100% of VICOM 2002 S.L., a Spanish Polymer Compounder active in the interesting and growing product segment “wire and cable”. VICOM’s turnover 2020 amounted to some 30 MEUR, is profitable and employs some 30 people in its production facility in Barcelona.
“Through the acquisition of VICOM, we strengthen our position in Southern Europe in a segment favored by the global electrification trend. The company has high competence and capacity and fits well into our current business structure”
Ralph Wolkener and Carsten Rüter, Presidents HEXPOL Compounding Europe/
Read more →Invitation to HEXPOL’s Capital Markets Day, March 23
HEXPOL invites analysts, professional investors, and media to its Capital Markets Day 2021, which will be a digital event on March 23 2021. The event will start at 13:00 CET and end at approximately 16:30 CET.
During the Capital Markets Day members of HEXPOL management will outline the company’s strategy, operational strengths, growth opportunities, sustainability roadmaps, financial plans and targets. Along the event, we will showcase our visible near-term and sustainable long-term growth, financial strengths, acquisition skillset and over-the-cycle resilience.
· The event starts with
Read more →Securitas acquires leading fire and safety company in Denmark
Securitas, the world’s leading intelligent protective services partner, has acquired Dansk Brandteknik A/S, a leading Danish fire and safety company that specializes in fire and safety services and equipment, including related consulting and training services. The acquisition will significantly enhance Securitas’ protective services capabilities in Denmark and is in line with the Group’s strategy of doubling its security solutions and electronic security sales by 2023. The purchase price is approximately MDKK 110 (MSEK 149) on a debt-free basis.
In 2020, Dansk Brandteknik’s annual sales were
Read more →Securitas issues 7-year Eurobond
Securitas, the world’s leading intelligent protective services partner, has issued a Eurobond of EUR 350 million in a 7-year deal under its existing EUR 4 billion EMTN (Euro Medium Term Note) program.
The coupon rate was set at 0.250 percent and the maturity date is February 22, 2028. The proceeds will be used to refinance existing credit facilities and for general corporate purposes. The joint lead managers were BBVA, Citi, ING, KBC and SEB.
This press release is also available at: www.securitas.com
Further information:
Investors: Micaela Sjökvist, Head of Investor Relations +46
Read more →Hexagon launches R-evolution, a new business venture focused on a sustainable future
Hexagon AB, a global leader in sensor, software and autonomous solutions, today announced the launch of a new business venture focused on reinventing how industry addresses complex environmental challenges: R-evolution.
R-evolution is founded to accelerate the transition to a sustainable economy, running profit-driven investments in green-tech projects where Hexagon’s technology can be applied. The move to form R-evolution comes on the heels of Hexagon’s recent announcements to further develop its sustainability agenda, including climate goals to significantly reduce its own carbon
Read more →AAK appoints Gabriella Grotte as Head of Investor Relations and Corporate Communications
To further strengthen its Investor Relations activities and respond to the growing interest in the company, AAK AB (publ.) has appointed Gabriella Grotte as Head of Investor Relations and Corporate Communications.
Gabriella joins AAK with a solid Investor Relations and Communications background. During the past thirteen years she has worked for Swedish company Alfa Laval AB, a leading global provider of heat transfer, separation and fluid handling products and solutions. For twelve of those years she has served as Investor Relations Manager. Aside from holding other senior positions
Read more →Securitas’ Nomination Committee proposes new Chair and members of the Board of Directors
The Nomination Committee of Securitas, the world’s leading intelligent protective services partner, proposes the election of Jan Svensson as the new Chair of the Board of Directors at the Annual General Meeting on 5 May 2021. The Committee also proposes the election of Gunilla Fransson, Harry Klagsbrun and Johan Menckel as new members of the Board. Carl Douglas, currently Vice Chair of the Board, and Anders Böös and Dick Seger, currently members of the Board, have informed the Committee that they will not be available for re-election. In November 2020, Marie Ehrling, currently Chair of the
Read more →ASSA ABLOY acquires Technology Solutions in the UK
ASSA ABLOY has acquired Technology Solutions (TSL) in the UK, a global provider of radio frequency identification (RFID) handheld readers. TSL designs, develops and manufactures ruggedized mobile RFID readers and other multi-technology, mobile device peripherals used to identify and track products and assets.
"I am very pleased to welcome TSL into the ASSA ABLOY Group. TSL is a strategic technological addition to the ASSA ABLOY Group and reinforces our current RFID offering and provides complementary growth opportunities,” says Nico Delvaux, President and CEO of ASSA ABLOY.
“The
Read more →Quarterly Report Q4 2020
Strong operational execution
Fourth quarter
· Net sales decreased by 7% to SEK 23,298 M (24,946), with organic growth of –5% (1) and acquired/divested net growth of 5% (3)
· EMEA and Entrance Systems reported stable organic sales development. Organic sales declined in Asia Pacific and Americas, while Global Technologies reported a significant decline
· Two divestments in Switzerland and Italy were completed. The combined annual sales of the divested companies amount to around SEK 625 M
· A new restructuring program was launched at year-end. The estimated cost amounts to SEK
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