Hexagon

December 22, 2022

Hexagon adds speed, scalability and automation to digital twin creation with the acquisition of LocLab

Hexagon AB, a global leader in digital reality solutions combining sensor, software and autonomous technologies, today announced the acquisition of LocLab, a leader in 3D digital twin content creation. LocLab’s proprietary technology, enabled by a high degree of automation using proven workflows and artificial intelligence, allows the cost- and time-efficient creation of digital twins. LocLab’s in-house developed toolchain can leverage several data input formats to balance speed, cost and accuracy – such as terrestrial videogrammetry, survey data and point clouds – but only requires

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ASSA ABLOY acquires PACLOCK in the US

Assa Abloy
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2026
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09
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16
ASSA ABLOY has acquired Pacific Lock Company (“PACLOCK”), a US padlock and security hardware manufacturer. "I am very pleased to welcome PACLOCK to ASSA ABLOY. This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products and solutions to our core business,” says Nico Delvaux, President and CEO of ASSA ABLOY. "PACLOCK is recognized for delivering high-quality security products that combine reliability, durability, and innovation, backed by US-based manufacturing and exceptional customer service," says Lucas Boselli,
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Hexagon completes acquisition of ZG Technology

Hexagon
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2026
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09
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07
Hexagon has acquired the remaining 49 per cent of Wuhan ZG Automation Technology Co., Ltd ("ZG Technology"), bringing its ownership of the Wuhan-based 3D scanning specialist to 100 per cent. Hexagon acquired a 51 per cent majority stake in August 2021 and has consolidated ZG within its Manufacturing Intelligence Business Area since that time. Founded in 2014 and built on the photogrammetry and remote sensing disciplines of Wuhan University, ZG develops handheld 3D scanning technology, with a portfolio developed in-house and supported by its own software copyrights and patents. Its scanners
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Securitas AB upgraded to ‘BBB+’ by Standard & Poor’s Global Ratings

Securitas
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2026
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08
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28
Securitas AB was today upgraded to ‘BBB+’ with stable outlook. Based on lower leverage, strong performance and revised financial targets, S&P’s Global Ratings has upgraded its long-term credit rating on Securitas to ‘BBB+’ from ‘BBB’. The outlook is stable. Further information: Investors: Micaela Sjökvist, VP IR; +46 76 1167443, micaela.sjokvist@securitas.com
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