Hexagon disposes of company within business area Hexagon Engineering
Hexagon has entered into an agreement with a company controlled by the Norwegian venture capital fund Norvestor IV LP to divest all shares in Johnson Metall AB and its subsidiaries.Johnson Metall is the leading Nordic manufacturer of finished and semi-finished products in bronze, with manufacturing units in Sweden and Finland as well as sales offices in Denmark and Norway. During 2006 the company had in total approximately 310 employees, and sales of approximately 475 MSEK. The disposal of the company will render Hexagon capital gains of approximately 80 MSEK.Closing of the transaction