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Announced

Completed

Hexagon completed the acquisition of Blast Movement Technologies.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Single Bidder

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Acquisition

Software

Australia

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Private

Cross Border

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Completed

Synopsis

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Hexagon, an industrial measurement and sensing equipment provider, completed the acquisition of Blast Movement Technologies, which offers a platform which collects data from blast movement monitors and calculates the post-blast location of ore polygons and outputs new dig lines. Financial terms were not disclosed. “BMT has experienced exceptional growth in the last four years and the business is now robust enough to maximize the opportunity that this next phase under the Hexagon umbrella will present. BMT complements the Hexagon suite of products in the drill and blast space and will ensure that Hexagon remains at the forefront of innovation in the blast movement space," Jacques Janse, BMT CEO.

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