Navgeocom acquired by Hexagon

Leica Geosystems is to expand its operations following a move by its parent, Hexagon. Under the terms of this deal, Hexagon will acquire all outstanding shares of Navgeocom, which is the largest Russian distributor for Leica Geosystems. The acquisition marks another step in Hexagon's global distribution strategy, which aims to establish a strong direct presence in key markets. This will help Hexagon’s presence in Russia, which is benefiting from significant expenditure on infrastructure development at prese
January 30, 2013 Read time: 1 min
265 Leica Geosystems is to expand its operations following a move by its parent, Hexagon. Under the terms of this deal, 7121 Hexagon will acquire all outstanding shares of Navgeocom, which is the largest Russian distributor for Leica Geosystems. The acquisition marks another step in Hexagon's global distribution strategy, which aims to establish a strong direct presence in key markets. This will help Hexagon’s presence in Russia, which is benefiting from significant expenditure on infrastructure development at present.

Stand: A3.125/226

%$Linker: 2 Asset <?xml version="1.0" encoding="utf-16"?><dictionary /> 2 12730 0 oLinkExternal www.leica-geosystems.com www.leica-geosystems.com false /EasySiteWeb/GatewayLink.aspx?alId=12730 false false%>

 

%$Linker: 2 Internal <?xml version="1.0" encoding="utf-16"?><dictionary /> 2 11560 0 oLinkInternal <span class="oLinkInternal"><span class="oLinkInternal">View more videos</span></span> Video false /event-news/bauma-2013/video/ true false%>

For more information on companies in this article

Related Content

  • Effer’s powerful hydraulic folding cranes
    January 6, 2017
    Established in 1965, Effer says its wide range of hydraulic folding cranes for trucks have a power/weight ratio among the best in the market and a lifting capacity from 2 txm to 300 txm.
    Read More
  • Effer’s powerful hydraulic folding cranes
    March 27, 2013
    Established in 1965, Effer says its wide range of hydraulic folding cranes for trucks have a power/weight ratio among the best in the market and a lifting capacity from 2 txm to 300 txm.
    Read More
  • Volvo strengthens German distribution with sale of Bavarian dealer
    January 6, 2017
    Volvo Construction Equipment (Volvo CE) has divested its wholly-owned dealership in south-east Germany, Volvo Baumaschinen Bayern (VBB), to neighbouring distribution partner Robert Aebi. The deal, for an undisclosed sum, includes the transfer of the company including all assets, employees and sales territory. The distribution in the south of the country, with Robert Aebi, now consists of a well-financed, independent and strategically aligned partner and this latest move strengthens Volvo CE’s competitive po
    Read More
  • Volvo strengthens German distribution with sale of Bavarian dealer
    February 26, 2013
    Volvo Construction Equipment (Volvo CE) has divested its wholly-owned dealership in south-east Germany, Volvo Baumaschinen Bayern (VBB), to neighbouring distribution partner Robert Aebi. The deal, for an undisclosed sum, includes the transfer of the company including all assets, employees and sales territory. The distribution in the south of the country, with Robert Aebi, now consists of a well-financed, independent and strategically aligned partner and this latest move strengthens Volvo CE’s competitive po
    Read More

Highlighted Content