Hexagon Corporation: A Leading Player in Metrology and Engineering Technology

Hexagon Corporation has made significant strides in the industry by acquiring various companies and expanding its portfolio. One notable move was when it raised its voting shares to a 50.1 majority, giving it greater control over its operations.

At the time of its acquisition of Eken Industri, the company had four divisions that catered to different industries. These divisions included communications equipment, industrial automation, building and interior design, and vehicles. The latter division was particularly notable as it included Bilmo of Lund, Sweden's largest agent for Volkswagen automobiles.

In 1987, Eken Industri merged with its parent company, Investment AB Eken. This move allowed the company to streamline its operations and focus on its core businesses. Hexagon Corporation also acquired a significant stake in Eken Industri & Handel AB from the Sparta savings bank, giving it a major foothold in the industry.

Today, Hexagon Corporation is a leading player in metrology, or measuring technology. It has acquired several companies, including the venerable Brown & Sharpe machine tool business. This acquisition has given the company a strong presence in the manufacturing sector.

In addition to its focus on metrology, Hexagon Corporation also emphasizes innovation and efficiency. The company aims to achieve earnings per share growth of at least 15 percent a year in market-leading businesses. Its commitment to innovation and efficiency has allowed it to stay ahead of the competition and maintain its position as a leading player in the industry.

Overall, Hexagon Corporation is a company with a rich history and a strong commitment to innovation and efficiency. Its focus on metrology and engineering technology has positioned it for continued success in the future.

Hexagon corp