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Assa Abloy

September 7, 2020

ASSA ABLOY sells CEDES in Switzerland to capiton AG

ASSA ABLOY has signed an agreement to sell 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. "I find it very satisfying that with capiton AG, CEDES and its employees and customers gain a committed long-term investor, creating new opportunities for the future and I wish them every success,” says Nico Delvaux, President and CEO of ASSA

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Securitas strengthens commitment to sustainability

Securitas
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2025
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09
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16
Securitas, the intelligent security solutions partner with world-leading technology and expertise, today announced an ambitious sustainability strategy aimed at helping clients achieve their goals while creating measurable value for the business. The new sustainability strategy is built on three powerful pillars: develop people, decarbonize business, and demonstrate integrity. These commitments will enhance efficiency, retention, and trust, ensuring the quality and reliability clients can depend on for the long term. Develop people Securitas is dedicated to helping its people succeed
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Hexagon announces organisational updates and further details around the potential spin-off of Octave

Hexagon
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2025
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09
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15
STOCKHOLM, SWEDEN, 15 SEPTEMBER 2025 · Ben Maslen and Tony Zana to be appointed to the Octave executive team as Chief Financial Officer and Chief Legal Officer & Corporate Secretary, respectively · Andreas Wenzel and Thomas De Muynck to be appointed to the Hexagon executive team, as Chief Strategy Officer and Chief Legal Officer, respectively · Board confirms duration of anticipated Octave Swedish Depository Receipt programme · Plans to amend Hexagon AB divisional financial disclosures to present Octave as one entity from the third quarter of 2025 Leadership appointments The
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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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