Hexagon acquires Q-DAS Group
Hexagon AB, through various subsidiaries within its Metrology division, has agreed to acquire Q-DAS Group, an international software company in Statistical Process Control (SPC) solutions for industrial manufacturing.
Based in Germany, Q-DAS has offices and partner distribution companies around the world. The Q-DAS portfolio is widely used in manufacturing sectors where high production volumes and dimensional quality needs require statistical analysis – such as the automotive sector where Q-DAS is the de-facto standard. The acquisition includes the take-over of nine legal entities around the world which was assisted by local counsels from eight foreign jurisdictions. Furthermore, the IP and IT was acquired by way of an asset deal. Completion of the transaction is subject to customary regulatory approvals.
Hexagon is a leading global provider of information technologies for geospatial and industrial enterprise applications. The Hexagon Metrology division offers a comprehensive range of products and services for all industrial metrology applications in sectors such as automotive, aerospace, energy and medical. Hexagon (Nasdaq Stockholm: HEXA B) has more than 15,000 employees in 46 countries and net sales of approximately EUR 2.6 billion.
Hexagon was advised by Mannheimer Swartling in the transaction. The firm’s team included Oliver Cleblad, Jens Engelmann-Pilger, Caroline Siebenbrock genannt Hemker, Alexander von Kleist and Christina Griebeler in Germany; Hampus Thofte in New York; and Ulf Ohrling, Åsa Jansson, Rachel Dong, and Daria Yan in China.