HEXPOL has completed the previously announced acquisition of the shares in McCann Plastics LLC from the McCann family. The company is specialized in niche thermoplastic compounds, with special focus on roto molding applications. The acquisition is fully in line with HEXPOL’s M&A strategy of acquisitions within polymer compounds. Furthermore, the acquisition complements our current operations in the US and strengthens our market position. “The acquisition of McCann is fully in line with our growth strategy with acquisitions within polymer compounds and strengthens our market position

ASSA ABLOY has entered into binding agreements with Fortune Brands Home & Security, Inc. (NYSE:FBHS or “Fortune Brands”) for the sale of Emtek and the Smart Residential business in the U.S. and Canada to fully resolve all the alleged competitive concerns surrounding the proposed acquisition of the Hardware and Home Improvement division (“HHI”) of Spectrum Brands. On September 8, 2021, ASSA ABLOY announced it had signed an agreement to acquire the HHI division of Spectrum Brands (NYSE:SPB) for a purchase price of MUSD 4,300 on a cash and debt free basis. On September 15, 2022, the U.S.

Today, AAK AB (publ.) is hosting its annual Capital Market Day for analysts, investors, and media representatives. At this year’s hybrid event, held in Stockholm, Sweden, President and CEO Johan Westman and CFO Tomas Bergendahl share updates on AAK’s business, strategy, and financial development. In addition, Dheeraj Talreja, President AAK India, gives a presentation on the opportunities in the region, followed by a concluding fireside chat with Susanne Jaspers, President AAK Europe, Niall Sands, President Plant-based Foods, and Tim Stephenson, President Global Sourcing and

AAK AB (publ.) has acquired 100 percent of the shares in Arani Agro Oil Industries Ltd. The acquisition aligns with AAK’s strategy to expand geographically and increase its market share in India's high-value specialty oils and fats market. Arani operates out of Kakinada Port on the southeast coast of India. Over the coming years, AAK will invest an estimated total of SEK 200-300 million, including the acquisition consideration, to increase capacity and improve efficiency in the production facility. In addition, the investment will support the wider development of the region, and AAK will

Today, Wednesday 16 November, starting at 08:30 GMT (09:30 CET), ASSA ABLOY hosts its Capital Markets Day in London, UK, where Nico Delvaux, President & CEO and Erik Pieder, CFO, will provide an update on ASSA ABLOY’s strategy and direction. This will include an overview of strategic activities that ASSA ABLOY is working on to continue to grow the business profitably. The financial targets of an EBIT-margin of 16-17% and an annual sales growth of 10% over a business cycle are re-confirmed. No detailed outlook statement will be made. The CMD will also include an overview of Opening

ASSA ABLOY, the global leader in access solutions, has received validation by the Science Based Targets initiative (SBTi) for the company’s emission reduction targets. In 2020, ASSA ABLOY launched ambitious sustainability goals to substantially reduce its greenhouse gas emissions across the entire value chain, including halving absolute emissions by 2030 and reaching net-zero no later than 2050. The SBTi has now ratified that ASSA ABLOY’s emission reduction targets are in line with the requirements to limit global warming to 1.5°C, which is consistent with the latest climate science

Hexagon AB, a global leader in digital reality solutions combining sensor, software and autonomous technologies, today announced that R-evolution, the sustainable innovation and green-tech investment subsidiary of Hexagon, has been awarded a contract to supply multi-dimensional intelligent mapping services of The Bahamas’ seabed. The services are part of a larger initiative to enable the island nation to protect, restore and activate its blue carbon ecosystems to invest in climate resilience and biodiversity initiatives. Over 80% of the global carbon cycle is circulated through the oceans,

Hexagon AB, a global leader in digital reality solutions, combining sensor, software and autonomous technologies, today announced that Jürgen Dold, Executive Vice President, will resign from Hexagon effective 01 January 2023. Dold has been with Hexagon since 1995. He’s served in different management roles at Leica Geosystems, ran Hexagon’s Geosystems division as division president for ten years, and most recently, served in strategic leadership roles across divisions including overseeing Hexagon’s Geosystems and Safety, Infrastructure & Geospatial divisions and leading Hexagon’s focus on

Hexagon AB, a global leader in digital reality solutions combining sensor, software and autonomous technologies, today announced the Leica BLK2FLY has been named one of TIME’s Best Inventions of 2022 (https://time.com/collection/best-inventions-2022/6224845/leica-geosystems-blk2fly/). The BLK2FLY, recognised for its productivity and innovation, is the world’s first fully integrated autonomous flying laser scanner. It’s part of Hexagon’s BLK suite of autonomous reality capture sensors known for their speed, portability, ease-of-use and mobility. To compile the list, TIME solicited