Hexagon Acquires SCCS, a Leading Supplier of Leica Geosystems Surveying Equipment in the UK

Regulatory News:

Hexagon AB (STO:HEXAB), a leading global provider of information technologies that drive productivity and quality across geospatial and industrial enterprise applications, today announced the acquisition of Paul MacArthur Limited ("SCCS”) – one of the UK’s leading suppliers of surveying equipment to the engineering and infrastructure market and a Leica Geosystems distributor for over 20 years.

Headquartered in Cambridge, UK, SCCS provides surveying solutions across the country, offering customers rent, purchase and service options. Through its strong customer relations, service capabilities and business processes, SCCS has become a trusted and reputable partner in the sector, helping some of the UK’s major providers deliver on complex and challenging road, rail and construction projects.

As the UK continues to fund major infrastructure projects with more stringent processes related to Building Information Modelling (BIM), collaboration between the construction and software sectors becomes increasingly vital. SCCS’s local market expertise and relationships coupled with Hexagon’s digital technologies that enable new, data-enabled ways of working will strengthen adoption of Hexagon’s solutions in this area.

"Adding SCCS to our direct sales footprint enables us to better capitalise on the growing opportunities in the UK, as well as offers SCCS customers opportunities to adopt new technologies from Hexagon’s extensive portfolio,” says Ola Rollén, Hexagon President and CEO. "Additionally, not only does this acquisition bring us closer to our customers in the region but also provides a wealth of knowledge and expertise in the area of equipment rental, accelerating our ability to serve the evolving needs of our global customer base.”

SCCS will be fully consolidated as of today. Excluding intercompany revenue, the company’s turnover for 2015 amounted to approximately 12 MEUR.

Hexagon is a leading global provider of information technologies that drive productivity and quality across geospatial and industrial enterprise applications. Hexagon's solutions integrate sensors, software, domain knowledge and customer workflows into intelligent information ecosystems that deliver actionable information. They are used in a broad range of vital industries. Hexagon (Nasdaq Stockholm: HEXA B) has more than 16,000 employees in 46 countries and net sales of approximately 2.6bn EUR. Learn more at www.hexagon.com.

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