Hexagon AB, a global leader in digital reality solutions combining sensor, software and autonomous technologies, today announced a key partnership with ZF Group that will advance the integration of its software positioning engine and GNSS correction services into mass-production ADAS (advanced driver assistance system) and autonomous driving systems. Hexagon’s safety-certifiable software positioning engine and correction services will be integrated into ZF’s ProConnect connectivity platform, which enables full vehicle communication (vehicle-to-vehicle, vehicle-to-satellite and vehicle-to-

Hexagon AB, a global leader in digital reality solutions combining sensor, software and autonomous technologies, today announced the acquisition of Qognify, a leading provider of physical security and enterprise incident management software solutions. Serving more than 4,000 customers worldwide in banking, government, logistics, manufacturing, retail, transportation and more, Qognify’s solutions link business and operational workflows with video data to minimise the impact of security, safety and operational incidents. End markets include everything from large utility networks and

Hexagon AB, a global leader in digital reality solutions combining sensor, software and autonomous technologies, today announced a 100 MUSD investment in Divergent Technologies Inc., a pioneer of green manufacturing technologies with the first modular digital factory for the automotive industry. Divergent has developed an alternative production process to traditional vehicle manufacturing called DAPS[®] (Divergent Adaptive Production System) that addresses economic and environmental challenges head-on. DAPS is a fully integrated software and hardware solution, creating a complete modular

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