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Assa Abloy

September 10, 2024

ASSA ABLOY acquires Level Lock in the US

ASSA ABLOY has acquired Level Lock, a technology solutions business based in Redwood City, California. "I am very pleased to welcome Level Lock into the ASSA ABLOY Group. This acquisition is an exciting technological addition to the ASSA ABLOY Group and will provide complementary growth opportunities,” says Nico Delvaux, President and CEO of ASSA ABLOY. "The acquisition of Level Lock complements ASSA ABLOY’s technology portfolio and strengthens our digital offering across multiple businesses in the Americas division,” says Lucas Boselli, Executive Vice President of ASSA ABLOY and

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Hexagon agrees sale of Design & Engineering business to Cadence for 2.7bn EUR

Hexagon
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2025
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09
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04
Divesture advances portfolio focus, unlocks value and increases financial flexibilit Stockholm, Sweden – 4 September 2025 - Hexagon AB today announced that it has entered into a definitive agreement to sell its Design & Engineering business (“D&E”), which includes the business formerly known as MSC Software, to Cadence Design Systems, Inc. The transaction is consistent with Hexagon’s ongoing portfolio strategy to create focused market leading positions and sharpen future investment behind core business areas. Under the terms of the definitive agreement, Cadence will pay approximately 2.7bn
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Invitation to investor meeting for institutional investors and analysts

Nibe
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2025
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08
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29
On Tuesday, September 9, 2025 at 3:00 PM CET, NIBE Industrier invites institutional investors and analysts to a conference call.
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Norbert Hanke appointed interim Chief Financial Officer for Hexagon

Hexagon
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2025
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08
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29
Stockholm, Sweden – 29 August 2025 - Hexagon AB today announced that Norbert Hanke will succeed David Mills as interim Chief Financial Officer (CFO) for Hexagon with immediate effect. David’s departure is driven by personal reasons, and he will remain available to Hexagon as Financial Advisor until February 2026. A search for a new CFO is effective immediately, and the Company will update the market on this in due course. Norbert Hanke joined Hexagon in 2001, most recently serving as interim Chief Executive Officer. Prior to that he was Hexagon’s Chief Operating Officer and President of
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