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Hexagon

January 20, 2025

Anders Svensson appointed as new President and CEO of Hexagon

The Hexagon Board of Directors has appointed Anders Svensson as President and CEO. Anders Svensson will take office on 20 July 2025 at the latest, succeeding Norbert Hanke, who will continue as interim President and CEO until then. Anders Svensson joins Hexagon from Konecranes (Nasdaq Helsinki: KCR), a global leader in material handling solutions, where he has been President and CEO since October 2022. Prior to his current role, Anders Svensson has held various leadership positions within Sandvik since 2008. Most recently he was President of Sandvik Rock Processing Solutions and a member

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ASSA ABLOY acquires Sam’s Garage Doors in Canada

Assa Abloy
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2026
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03
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04
ASSA ABLOY has acquired Sam’s Garage Doors, a distributor, installer, and servicer of various door products and a manufacturer of gate products, based in Canada. "I am very pleased to welcome Sam’s Garage Doors to ASSA ABLOY. This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products and solutions to our core business,” says Nico Delvaux, President and CEO of ASSA ABLOY. "Through the acquisition of Sam’s Garage Doors we strengthen our position in Western Canada and expand our service reach across the greater Vancouver
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ASSA ABLOY acquires Sennco Solutions in the US

Assa Abloy
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2026
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03
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03
ASSA ABLOY has acquired Sennco Solutions (“Sennco”), a US provider of asset protection technology and solutions for retail security within primarily the health and beauty segment. "I am very pleased to welcome Sennco into ASSA ABLOY, an exciting technological addition that will reinforce our current offering within the Retail business area, and provide complementary growth opportunities,” says Nico Delvaux, President and CEO of ASSA ABLOY. “Sennco is a provider of retail security solutions to a broad range of customers across the health and beauty retail segment. Sennco is an
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Hexagon completes sale of Design & Engineering business

Hexagon
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2026
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02
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23
Stockholm, Sweden, 23 February 2026 - Hexagon AB today announced the completion of the previously announced  (https://hexagon.com/company/newsroom/press-releases/2025/hexagon-agrees-sale-of-design--engineering-business-to-cadence-for-27bn-eur)sale of its Design & Engineering business (“D&E”) to Cadence Design Systems, Inc., for an aggregate purchase price of approximately 2.7bn EUR in cash and Cadence stock. The transaction is consistent with Hexagon’s ongoing portfolio strategy to create focused market-leading positions and channel investment into areas that bring greater synergies
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