Hexagon

July 5, 2019

Hexagon announces the impact of a slowdown in China and related restructuring program

Having experienced favorable growth in China over recent quarters, Hexagon has seen a much weaker than expected development in June. The main reason for the slowdown has been the impact of increased geopolitical uncertainties on global trade, especially within the electronics business of the Manufacturing Intelligence division in China. Demand in the other markets and divisions has remained broadly in line with what has been previously communicated. Preliminary reporting indicates revenue of approximately 975 MEUR in Q2 2019, corresponding to organic growth of -1 per cent for the group (FX

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ASSA ABLOY acquires Sentinel Dock & Door in Canada

Assa Abloy
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2026
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06
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02
ASSA ABLOY has acquired Sentinel Dock & Door (“Sentinel”), a commercial dock and door service company based in Canada. "I am very pleased to welcome Sentinel 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. "The acquisition of Sentinel significantly strengthens our direct channel presence, including service, and broadens our footprint across Canada. With their strong, service-oriented business and well-
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NIBE to acquire the business of Italian Beltrami Felice S.r.l. as a going concern

Nibe
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2026
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05
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28
NIBE Industrier AB (publ) has entered into an agreement to acquire the business of Italian Beltrami Felice S.r.l. as a going concern through an asset purchase transaction.
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Commercial Kitchen wins major order in South Korea

Absolent
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2026
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05
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27
Commercial Kitchen business area, part of Absolent Air Care Group, has won its largest order to date in the South Korean market, covering 200 AirMaid® units. The order will suppo...
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