Hexagon Acquires Precision Measuring Instruments Supplier in China (Business Wire)
yahoo.com     Jul 24, 2008            

Thursday July 24, 9:13 am ET STOCKHOLM, Sweden--(BUSINESS WIRE)--Regulatory News: Hexagon (STO:HEXAB) has entered into an agreement to acquire the Chinese company Serein Metrology (Shenzhen) Co., Ltd Serein Metrology develops and produces a wide range of advanced precision measuring instruments in the micro area of the measurement technologies market. The company provides high quality 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... [read full story]                    


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