December 6, 2012 - Assignment

Hexagon acquires Geoinformatik GmbH

Hexagon AB has agreed to acquire the assets of GTA Geoinformatik GmbH.

GTA Geoinformatik is a pioneer in georeferenced virtual 3D city models and building reconstructions. The company was founded in 1995 and is based in Berlin and Neubrandenburg, Germany. Hexagon is a leading global provider of design, measurement and visualisation technologies with over 13 000 employees in more than 40 countries and net sales of about EUR 2.2 billion. The Hexagon share is listed on NASDAQ OMX Stockholm.

Hexagon was advised by Mannheimer Swartling’s in the transaction. The firm’s team from Germany was led by Maria Wolleh, primarily assisted by Nils Gruske and Ulf Lohrum.