Insurance compensation for fire in Jonesborough
The insurance case related to the fire that broke out on January 7, 2021 in our facility in Jonesborough, TN, USA has now been closed. Total insurance coverage amounts to 74 MUSD, of which 10 MUSD was paid in April 2021. The balance of 64 MUSD will be paid to HEXPOL before the end of October. The costs for the fire are estimated at approx. 25 MUSD.
Above transactions will affect operating profit as non-recurring items.
Read more →ASSA ABLOY to acquire Arran Isle Ltd in the UK
ASSA ABLOY has signed a definitive agreement to acquire Arran Isle, a leading designer, manufacturer and distributor of door and window hardware in the UK and Ireland.
"I look forward to welcoming Arran Isle into the ASSA ABLOY Group. This acquisition delivers on our strategy to add complementary products and solutions to our core business,” says Nico Delvaux, President and CEO of ASSA ABLOY.
"Arran Isle is an excellent addition to our business and in particular EMEIA’s UK and Ireland market region. The acquisition brings well-known architectural and fenestration hardware brands to
Read more →Invitation to AAK’s Capital Market Day
AAK AB hereby invites analysts, investors and media to its Capital Market Day on November 23, 2021, held at Best Western Malmö Arena Hotel in Malmö, Sweden.
President and CEO Johan Westman will, together with Tomas Bergendahl, CFO, and Anne Mette Olesen, Chief Strategy & Sustainability Officer, update the financial market and media on AAK’s strategy and business, financial development, and progress made within the sustainability area.
Karsten Nielsen, Chief Technology Officer, will give a presentation on the complexity of speciality oils and fats, and René Schou, President Global
Read more →Hexagon becomes a member of the Responsible Business Alliance to drive sustainable value across its supply chain
Hexagon AB, a global leader in digital reality solutions, today announced it has joined the Responsible Business Alliance (RBA), the world's largest industry coalition dedicated to corporate social responsibility in global supply chains. The RBA and its initiatives include more than 400 members, with combined annual revenues of greater than $7.7 trillion, driving sustainable value for workers, the environment and businesses.
Hexagon is committed to ensuring its supply chain conducts business and operations in a sustainable and ethical manner, respecting the planet and its people. Hexagon
Read more →AAK in smallholder partnership with Nestlé and Musim Mas to address deforestation
AAK has entered a partnership with Nestlé, the world’s largest food and beverage company, and palm oil corporation Musim Mas to address deforestation outside of palm oil concession areas in Aceh, Indonesia. The five-year program will positively impact some 1,000 independent smallholders. Aceh is a priority landscape as 87 percent of the Leuser Ecosystem – a protected area important for both biodiversity and carbon storage – lies within the province.
“This partnership is an important part of AAK’s sustainable sourcing approach”, says Anne Mette Olesen, Chief Strategy & Sustainability
Read more →Register for Hexagon’s Capital Markets Day
Hexagon will host a Capital Markets Day on 30 September 2021. During the event, President and CEO Ola Rollén will, together with members of Group Management, present their views on current market trends, growth opportunities and key strategic focus areas.
The event will be held virtually from 13:00 CET and will run until approx. 18:00 CET. The full agenda will be available closer to the event.
During the live event you will have the opportunity to submit questions for the presenters.
The presentations will also be available on demand after the event.
Please register via the link
Read more →Hexagon introduces HxGN MineMeasure to maximise ore recovery
Hexagon AB, a global leader in digital reality solutions, today announced the launch of HxGN MineMeasure (https://hexagonmining.com/solutions/drill-and-blast-portfolio), a tailored solution combining blast design software, high-precision drilling, blast movement monitoring, fragmentation analysis and enterprise analytics. Backed by a consultative team of dedicated technical experts, MineMeasure brings accuracy and precision to every step of the drill and blast (D&B) process with the potential to save companies millions of dollars.
MineMeasure drives excellence and focuses on the
Read more →ASSA ABLOY to acquire Hardware and Home Improvement (“HHI”) division of Spectrum Brands
ASSA ABLOY has signed a definitive agreement to acquire the Hardware and Home Improvement (“HHI”) division of Spectrum Brands (NYSE:SPB) for a purchase price of MUSD 4,300 on a cash and debt free basis.
Spectrum Brands’ Hardware and Home Improvement (“HHI”) division is a leading provider of security, plumbing, and builders’ hardware products to the North American residential segment with a diversified product offering of locksets, faucets, and builders´ hardware.
HHI has a varied portfolio of innovative products, including patented SmartKey technology and electronic, smart and biometric
Read more →Hexagon revolutionises autonomous reality capture with the launch of the Leica BLK ARC and Leica BLK2FLY
Hexagon AB, a global leader in digital reality solutions, today announced (http://www.BLK2021.com) the introduction of the Leica BLK ARC and the Leica BLK2FLY, extending its iconic and award-winning BLK series known for speed, portability and mobility with fully autonomous mobile reality capture. The autonomous reality capture solutions are the latest innovations in Hexagon’s comprehensive portfolio of accessible, easy-to-use digital reality capture sensors.
The Leica BLK ARC is a laser scanning sensor purposely built to improve the autonomous navigation of robots and other carrier
Read more →