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

  • Double delight for Powerscreen and DUO in Ghana
    April 16, 2013
    Powerscreen has signed DUO Africa as its first distributor in Ghana. And, as the ink dried on the contract at bauma, the company unveiled a deal to supply three crushing and screening trains. DUO Africa will sell equipment into Ghana and support Powerscreen products in the sub-Saharan region. Among its first contracts is to supply two Powerscreen XA400 primary jaw crushers, two 1000 Maxtrak cone crushers and two Chieftain 2100 triple-deck screens to UK-based Hawk Plant for a number of aggregate crushing ope
    Read More
  • Haulotte sees sales growth in 2012
    January 6, 2017
    French access and telehandler manufacturer Haulotte returned to profit in 2012 and, though the first quarter of 2013 is down year-on-year, CEO Alexandre Saubot remains confident about continued growth this year. “We achieved a decent performance in 2012 with almost 16% growth,” said Saubot. “2013 will remain a challenge for us, we will have to continue to work hard for sales growth.”
    Read More
  • Haulotte sees sales growth in 2012
    April 18, 2013
    French access and telehandler manufacturer Haulotte returned to profit in 2012 and, though the first quarter of 2013 is down year-on-year, CEO Alexandre Saubot remains confident about continued growth this year. “We achieved a decent performance in 2012 with almost 16% growth,” said Saubot. “2013 will remain a challenge for us, we will have to continue to work hard for sales growth.”
    Read More
  • ESCO range offers Hydra Shearer drums
    January 6, 2017
    Hydra shearer drums, now part of the ESCO family of mining products, have been engineered with radial-style picks and tool holders that are recessed into the vane to deliver optimum cutting performance. The result is reduced wear on the drum, increased product size and lower power consumption. The range of shearer drums can also be equipped with conical style picks.
    Read More

Highlighted Content