Leica Geosystems is to expand its operations following a move by its parent, Hexagon. Under the terms of this deal, Hexagon will acquire all outstanding shares of Navgeocom, which is the largest Russian distributor for Leica Geosystems. The acquisition marks another step in Hexagon's global distribution strategy, which aims to establish a strong direct presence in key markets. This will help Hexagon’s presence in Russia, which is benefiting from significant expenditure on infrastructure development at prese
January 30, 2013
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265 Leica Geosystems is to expand its operations following a move by its parent, Hexagon. Under the terms of this deal, 7121 Hexagon will acquire all outstanding shares of Navgeocom, which is the largest Russian distributor for Leica Geosystems. The acquisition marks another step in Hexagon's global distribution strategy, which aims to establish a strong direct presence in key markets. This will help Hexagon’s presence in Russia, which is benefiting from significant expenditure on infrastructure development at present.
Hexagon continues to develop its software portfolio with the acquisition of Listech, which will compliment its array of construction solutions and particularly those of its Leica Geosystems subsidiary. Listech offers software solutions that aid with data processing and help streamline workflows in land management, construction and engineering projects.
