Company Dynamic

Hexagon concludes divestiture of Other Operations

source: hexagon type: Company Dynamic Time:2014-03-18 20:24:29

Hexagon has today divested SwePart, the last remaining part of Other Operations, to Merlinum AB.

Following the divestment of EBP Olofström AB in July 2013, Hexagon's strategy to concentrate all resources on its core business, Measurement Technologies, is now fulfilled.

SwePart is a leading manufacturer of custom gearbox housings, precision-ground gearwheels and other transmission parts for industrial and automotive applications. In 2013, SwePart had a turnover of approximately 47 MEUR with an EBIT margin of approximately 2 per cent. SwePart represents less than 2 per cent of Hexagon's net sales.

The divestment entails a capital loss of approximately 1.5 MEUR.

 

 

 

 

 

 

 

 

 

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