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Hexagon acquires Camtech

05 Dec 2015

The measurement technology group Hexagon, has acquired Camtech GmbH& Co KG. Camtech has been a distributor of Vero Software’s EdgeCAM solutions in Germany since 2003. Vero Software was acquired by Hexagon in 2014. The addition of  Camtech to the Hexagon portfolio supports Hexagon's and Vero's commitment to develop future-oriented manufacturing solutions.

Hexagon is a leading global provider of information technologies for geospatial and industrial enterprise applications. Hexagon has more than 15,000 employees in 46 countries and net sales of approximately EUR 2.6 billion. The company is listed on NASDAQ OMX Stockholm.

Hexagon was advised by Mannheimer Swartling in the matter. The firm’s team was led by Oliver Cleblad together with Dr. Jens Engelmann-Pilger.

Matter Type
M&A: Acquiror's Counsel
Industry
Technology, Media & Telecoms
News Category
Technology, Media & Telecoms