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Hexagon

March 4, 2025

Hexagon prepares for the spin-off of its Asset Lifecycle Intelligence division and related businesses

Hexagon AB (Nasdaq Stockholm: HEXA B) announces that the Board of Directors, after a comprehensive assessment, has directed management to prepare for the separation of its Asset Lifecycle Intelligence (“ALI”) division and related businesses (“NewCo”) by way of a Lex Asea distribution (or “spin-off”) to its shareholders, as previously announced on 25[th] October 2024. The Board intends to propose the distribution and listing of NewCo’s shares at a shareholder's meeting in early 2026, provided that the circumstances are deemed right at the time. Reflecting the geographical focus of NewCo’

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ASSA ABLOY acquires Senior Architectural Systems in the UK

Assa Abloy
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2025
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03
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ASSA ABLOY has acquired Senior Architectural Systems ("SAS"), an independent supplier of innovative aluminium windows, doors and curtain wall systems and thermally efficient fenestration systems into the commercial construction sector in the UK. "I am very pleased to welcome SAS to ASSA ABLOY. 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. “SAS is an exciting addition to our UK business, and I am delighted to welcome the team to ASSA ABLOY, says Neil Vann, Executive Vice
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Hexagon AB’s Nomination Committee proposes the election of Tomas Eliasson as a new member of the Board of Directors

Hexagon
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2025
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03
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Hexagon AB’s Nomination Committee proposes the election of Tomas Eliasson as a new independent member of Hexagon’s Board of Directors at the Annual General Meeting (AGM) on 5 May 2025. It also announces that John Brandon has informed the Nomination Committee that he will be unavailable for re-election to Hexagon’s Board of Directors in 2025. Tomas Eliasson brings extensive expertise in finance and accounting, having previously served as CFO of Seco Tools, Assa Abloy, Electrolux and most recently Sandvik. Tomas Eliasson has a B.Sc in Business Administration and Economics from Uppsala
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ASSA ABLOY acquires Wallace & Wallace and Wallace Perimeter Security in Canada

Assa Abloy
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2025
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03
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ASSA ABLOY has acquired Wallace & Wallace and Wallace Perimeter Security, a Canadian manufacturer, distributor and installer of perimeter fencing, door and gate solutions for the commercial and residential markets. "I am very pleased to welcome Wallace & Wallace into the ASSA ABLOY Group. 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. "By acquiring Wallace & Wallace, we are enhancing and complementing our Perimeter
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