Hexagon Expands within Machine Automation

Hexagon, the parent company of Leica Geosystems, has entered into an agreement to acquire all outstanding shares of the French companies D&P Systems and Topolaser System s.a.s.

D&P Systems develops and supplies multidimensional systems for measuring, planning and machine control for excavators, graders, dozers and pavers. Similar to the recently acquired Svensk ByggnadsGeodesi AB (SBG), D&P Systems’ main operation is software development. Topolaser’s main operations are distribution of surveying and construction equipment and integration of machine guidance systems in France.

The two companies combined have a turnover of about € 5M, excluding sales of Leica Geosystems products. Sales of D&P Systems and Topolaser have increased by about 20% annually for the last couple of years. The companies will be fully consolidated as of 1 May 2007 and will immediately contribute to Hexagon’s earnings.

“The acquisition of the French companies D&P Systems and Topolaser is a vital piece in Hexagon’s growth strategy and commitment to global expansion within the measurement market segment machine automation. In software development D&P Systems is a valuable complement to SBG, a company that we acquired earlier this year. Topolaser will broaden distribution and service in France with a similar concept to that of Scanlaser”, says Ola Rollén, CEO and President of Hexagon AB.