M&A Deal Summary

Hexagon Acquires Thona Group

On March 22, 2004, Hexagon acquired chemicals company Thona Group

Acquisition Highlights
  • This is Hexagon’s 1st transaction in the Chemicals sector.
  • This is Hexagon’s 1st transaction in Belgium.

M&A Deal Summary

Date 2004-03-22
Target Thona Group
Sector Chemicals
Buyer(s) Hexagon
Deal Type Add-on Acquisition

Target

Thona Group

Eupen, Belgium
Thona Group is a technically advanced and has the capacity to manufacture both rubber as well as TPE compounds.

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Buyer(S) 1

Buyer

Hexagon

Stockholm, Sweden

Category Company
Founded 1975
Sector Information Technology
Employees24,091
Revenue 5.4B EUR (2023)
DESCRIPTION

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


DEAL STATS #
Overall 5 of 86
Sector (Chemicals) 1 of 2
Type (Add-on Acquisition) 4 of 79
Country (Belgium) 1 of 4
Year (2004) 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-03-09 Korea ErFa Systems Engineering

South Korea

Korea ErFa Systems Engineering Co. is a provider of metrology equipment.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-03-29 Poli

Camisano, Italy

Poli S.p.A., is a manufacturer of rail braking equipment.

Buy -