Hexpol

September 27, 2021

Insurance compensation for fire in Jonesborough

The insurance case related to the fire that broke out on January 7, 2021 in our facility in Jonesborough, TN, USA has now been closed. Total insurance coverage amounts to 74 MUSD, of which 10 MUSD was paid in April 2021. The balance of 64 MUSD will be paid to HEXPOL before the end of October. The costs for the fire are estimated at approx. 25 MUSD. Above transactions will affect operating profit as non-recurring items.

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Hexagon appoints board for Octave

Hexagon
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2026
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03
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12
Stockholm, Sweden, 12 March 2026 - Hexagon AB today announced the appointment of the board of directors of its potential spin-off company, Octave Intelligence plc. The Octave Board brings together senior leaders with experience building and operating global technology platforms, scaling enterprise software businesses, strengthening operational resilience, and governing public companies across industrial and digital markets: Brett D. Watson, Chair of the Board of Directors is President of Koch Equity, LLC, overseeing several Koch-affiliated investment groups and their diverse global
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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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