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

  • CDE introduces latest M2500 mobile wash plant
    February 12, 2013
    Materials washing specialists CDE’s latest M2500 mobile washing plant and AggMax portable logwasher is being introduced. The M2500, launched to the global market at Bauma 2010, has since been installed in 20 countries throughout Europe, Middle East, Africa, Australasia and Latin America. With existing applications across a wide range of materials including sand and gravel, crushed rock, scalpings, construction and demolition waste recycling, silica sands and iron ore processing the company has announced a n
    Read More
  • Hitachi to place “greater emphasis” on local production focus – HCME president
    January 6, 2017
    Moriaki Kadoya, president and chief executive of Hitachi Construction Machinery Europe (HCME), says Hitachi Construction Machinery needs to place “greater emphasis” on establishing local production facilities as it bids to strengthen its market position. A subsidiary of the Hitachi Group, Hitachi Construction Machinery currently has 33 production sites worldwide – with 16, including its flagship production site near Tokyo, in Japan.
    Read More
  • Hitachi to place “greater emphasis” on local production focus – HCME president
    February 26, 2013
    Moriaki Kadoya, president and chief executive of Hitachi Construction Machinery Europe (HCME), says Hitachi Construction Machinery needs to place “greater emphasis” on establishing local production facilities as it bids to strengthen its market position. A subsidiary of the Hitachi Group, Hitachi Construction Machinery currently has 33 production sites worldwide – with 16, including its flagship production site near Tokyo, in Japan.
    Read More
  • Tata Steel invests for growth
    January 6, 2017
    Tata Steel is aiming to double its worldwide steel sales by 2017 in the lifting and excavating sector from its current volume of 500,000tonnes. To achieve this target the company has recently invested €40million to improve its product portfolio, by developing its quenched and tempered, and advanced downstream processing facilities in the UK. Tata Steel said it delivers a wider range of differentiated steel products to the lifting and excavating industry than any other steel producer in the world, and provid
    Read More

Highlighted Content