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

  • Perkins completes line-up of four-cylinder engines for Tier IV Final/Stage 4
    April 16, 2013
    Perkins has completed its line-up of four-cylinder engines for Tier 4 Final/Stage IV with the introduction of the 854F-E34TA – the latest in its 800 Series range. The compact, four-cylinder, 3.4litre engine incorporates specially developed SCR technology for the first time. Packaged separately from the DOC module, it can be mounted in either a horizontal or vertical position, giving OEMs of compact machinery greater installation flexibility in the engine bay.
    Read More
  • Bell launches high-manoeuvrability 4x4 ADT for narrow bench work
    April 15, 2013
    Bell has introduced a 4x4 version of its B30D articulated dump truck (ADT). The machine has the front chassis, cab and engine of the standard 6x6 but comes with a shortened rear chassis and a single axle. According to Neville Paynter, managing director of Bell UK, the machine’s short wheelbase reduces the turning circle by around 25%, making it ideal for use in underground mining and on narrow benches.
    Read More
  • Euro Auctions is expanding its global operations with new acquisition
    January 6, 2017
    Euro Auctions is revealing its expansion plans for 2013 with the addition of a new site to its operations. Based in Dromore, Northern Ireland, Euro Auctions has been conducting unreserved auctions of industrial equipment and construction machinery since 1998. The company has permanent auction sites in Northern Ireland, England, Germany, Spain, Australia and now the USA.
    Read More
  • Euro Auctions is expanding its global operations with new acquisition
    March 27, 2013
    Euro Auctions is revealing its expansion plans for 2013 with the addition of a new site to its operations. Based in Dromore, Northern Ireland, Euro Auctions has been conducting unreserved auctions of industrial equipment and construction machinery since 1998. The company has permanent auction sites in Northern Ireland, England, Germany, Spain, Australia and now the USA.
    Read More

Highlighted Content