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Assa Abloy

November 12, 2020

ASSA ABLOY´s divestiture of CEDES in Switzerland to capiton AG completed

ASSA ABLOY has closed the sale of its sensor technology business CEDES in Switzerland to capiton AG. CEDES is a leading sensor technology company in the elevator and door industry. CEDES was established in 1986 and has some 320 employees. The company is headquartered in Landquart, Switzerland. Sales in 2019 amounted to about 51 MEUR. The transaction will have a neutral effect on ASSA ABLOY´s operating margin. The divestiture will be de-consolidated from ASSA ABLOY as of November 2020. For more information, please contact: Nico Delvaux, President and CEO, tel. no: +46 8 506

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Hexagon acquires Xwatch to strengthen its construction safety portfolio

Hexagon
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2024
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04
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23
Hexagon, the global leader in digital reality solutions, combining sensor, software and autonomous technologies, today announced the acquisition of Xwatch Safety Solutions. Xwatch provides machine control hardware and software technologies designed to enhance safety protocols on construction sites. This includes height control, slew control, and rated capacity indication (RCI) for heavy machinery, allowing operators to limit an excavator's height and set side boundaries to define a working zone, significantly increasing safety around a machine. Xwatch has previously partnered with Hexagon’
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Changes to the Securitas Group Management team

Securitas
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2024
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04
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15
Greg Anderson, Divisional President North America, has decided to leave Securitas. Securitas is a world-leading safety and security solutions partner and provides outstanding services for our clients by combining our extensive presence with connected technology and intelligent use of data. Greg Anderson, Divisional President North America and member of Group Management, has decided to leave Securitas to pursue an opportunity outside the business. This change is effective immediately, and José Castejon, COO North America Guarding and member of Group Management, takes on the role of acting
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Hexagon appoints Maria Luthström and Gordon Dale as joint Presidents of its Autonomous Solutions division

Hexagon
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2024
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04
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08
Hexagon AB, the global leader in digital reality solutions, combining sensor, software and autonomous technologies, today announced the appointment of Maria Luthström and Gordon Dale as joint Presidents of the Autonomous Solutions (AS) division, effective 1 May 2024. Both will join the Hexagon Executive Management team, reporting directly to Paolo Guglielmini, President and CEO, Hexagon. Michael Ritter, the current President of AS, will retire at the end of 2024 following a transition period. AS, launched in 2022, combined the Autonomy & Positioning (A&P) and Mining divisions. A&P
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