M&A Deal Summary

Hexagon Acquires Elcome Technologies Pvt.

On November 19, 2007, Hexagon acquired distribution company Elcome Technologies Pvt.

Acquisition Highlights
  • This is Hexagon’s 3rd transaction in the Distribution sector.
  • This is Hexagon’s 1st transaction in India.

M&A Deal Summary

Date 2007-11-19
Target Elcome Technologies Pvt.
Sector Distribution
Buyer(s) Hexagon
Deal Type Add-on Acquisition

Target

Elcome Technologies Pvt.

Gurgaon, India
Elcome Technologies Pvt. Ltd. is a distributor and systems integrator of products and solutions for customers in the field of positioning, navigation, alignment, measurements and surveying using various technologies such as optical and GPS based equipment, aerial photogrammetry, GIS and mapping, construction and mining machine control, portable coordinate measuring machines (CMM), laser scanning, and weather meteorology.

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Buyer(S) 1

Buyer

Hexagon

Stockholm, Sweden

Category Company
Founded 1975
Sector Information Technology
Employees25,091
Revenue 5.4B EUR (2024)
DESCRIPTION

Hexagon is a provider of integrated design, measurement, and visualization technologies. Hexagon was founded in 1975 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 14 of 89
Sector: Distribution M&A 3 of 7
Type: Add-on Acquisition M&A Deals 13 of 82
Country: India M&A 1 of 1
Year: 2007 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-08-24 Gold Key Processing

Middlefield, Ohio, United States

Gold Key Processing, Inc. is a provider of rubber compounds for the automotive, industrial, construction, pharmaceutical and aero-space industries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-02-26 Santiago & Cintra Ibérica SA

Alcobendas, Spain

Santiago & Cintra Ibérica SA is a distributor and service provider for positioning solutions in applications such as geomatics, GIS & mapping, and machine control for agriculture and construction.

Buy -