Industry Headlines

Hexagon Acquires Precision Measuring Instruments Supplier in China

STOCKHOLM, SWEDEN -- Hexagon has entered into an agreement to acquire the Chinese company Serein Metrology (Shenzhen) Co., Ltd.

Serein Metrology develops and produces a range of advanced precision measuring instruments in the micro area of the measurement technologies market. The company provides products, solutions and services to the automotive industry, aerospace and defence industry, engineering industry, die and mould industry, electronics, IT and medical industry.

Serein Metrology is based in Shenzhen, China, and today employs 98 people. The company had a turnover of approximately 4 MUSD in 2007 and is expected to grow at a double digit rate in the years to come.

“The acquisition of Serein Metrology is an important step in the positioning of Hexagon in the China low and middle end market and will consolidate Hexagon’s strong position in the region”, says Ola Rollén, CEO and President of Hexagon AB.

Serein Metrology will be consolidated as of August 1, 2008 and will immediately contribute to Hexagon’s earnings.

Did you enjoy this article? Click here to subscribe to Quality Magazine. 

You must login or register in order to post a comment.

Multimedia

Videos

Podcasts

Karen Spencer, Clinkenbeard's quality manager, discusses what makes the plant stand out, advice for other plants, and looks to the future.
More Podcasts

Quality Magazine

CoverImage

2015 May

The May 2015 edition of Quality Magazine includes articles on cloud technologies, depth gages, ISO 9001, digital inspection and cool new products.

Table Of Contents Subscribe

Topics to Talk About

What topics would you like to see Quality cover more?
View Results Poll Archive

Clear Seas Research

qcast_ClearSeas_logo.gifWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

STAY CONNECTED

Facebook2015_40 twitter_40px.png  youtube_40px.pnglinkedin_40px.png  

eNewsletters