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Hexagon

November 21, 2024

Hexagon accelerates the shift to fully autonomous mines with acquisition of indurad

Hexagon has announced the acquisition of indurad, a global leader in radar and Real-Time Location Systems (RTLS) technologies, along with its autonomous haulage subsidiary, xtonomy. This strategic move underscores Hexagon’s commitment to advancing mine productivity, safety, and autonomy through cutting-edge technology. Key Benefits of the Acquisition: · Enhanced Mine Safety: indurad’s advanced radar-based collision avoidance systems mitigate risks in high-stakes mining environments. · Increased Productivity: Real-time ore tracking and measurement help automate mine workflows,

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ASSA ABLOY to acquire Gunnebo Entrance Control

Assa Abloy
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2026
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08
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03
ASSA ABLOY has signed an agreement to acquire Gunnebo Entrance Control, an international provider of entrance control solutions, including speed gates, mass transit gates and security revolving doors. "I look forward to welcoming the Gunnebo Entrance Control team 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. “Gunnebo Entrance Control’s well-established entrance control portfolio, strong team,
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Hexagon Interim Report 1 January - 30 June 2026

Hexagon
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2026
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07
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29
Second quarter 2026 - Operating net sales of 1,050.2 MEUR (1,010.5) resulting in organic growth of 12% - Net sales including acquired deferred revenue amounted to 1,050.2 MEUR (1,009.8) - Adjusted gross earnings of 654.3 MEUR (646.5) resulting in a 62.3% (64.0) gross margin - EBITAC of 255.1 MEUR (225.5), corresponding to a 24.3% (22.3%) EBITAC margin - EBIT1 of 272.0 MEUR (260.0) resulting in a 25.9% (25.7) EBIT1 margin - Adjusted earnings per share of 7.8 Euro cent (6.9) - Earnings per share of 9.2 Euro cent (6.3) - Cash conversion (of EBITAC, incl. Robotics) of 149% (124) -
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ASSA ABLOY acquires Classic Brass in the US

Assa Abloy
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2026
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07
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24
ASSA ABLOY has acquired Classic Brass Inc (“Classic Brass”), a US manufacturer of premium cabinet and door hardware. "I am very pleased to welcome Classic Brass 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. “Classic Brass is recognized for its handcrafted, design-driven hardware that brings together timeless craftsmanship, American manufacturing, and modern customization,” says Lucas Boselli,
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