Hexagon buys remaining 90% stake in North West Geomatics

Hexagon buys remaining 90% stake in North West Geomatics

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Canada: Hexagon AB, a leading global provider of design, measurement and visualisation technologies, has acquired the remaining 90% of the shares in North West Geomatics, making the company a fully owned subsidiary of Hexagon. Hexagon acquired 10% of North West Geomatics’ shares in 2012.

North West Geomatics, also known as North West Group (North West), provides aerial mapping and related spatial data services to engineering and mapping firms, environmental consulting organisations and government agencies.

“North West brings valuable expertise in selling data content as a service (CaaS) through its Valtus database, which enables crowdsourcing of data content. Together with advances in sensor capabilities and the acquisitions of AHAB, Aibotix, Geosoft and Tridicon, North West will be an instrumental part in Hexagon’s ambitions within this field”, said Hexagon President and CEO Ola Rollén.

Hexagon reported that North West’s turnover for 2013 was approximately 10 million EUR.

Source: Hexagon AB