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New Deal


Announced

Completed

Hexagon completed the acquisition of the aerial mapping business of COWI.

Financials

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

Tags

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Private

Majority

aerial mapping

Acquisition

Friendly

Norway

Information / Data Services

Disposal

Single Bidder

Cross Border

Completed

Synopsis

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Hexagon, a provider of sensor, software and autonomous solutions, completed the acquisition of the aerial mapping business of COWI, an international consulting group. Financial terms were not disclosed. "The acquisition of COWI's mapping business is a logical next step to accelerate and strengthen the HxGN Content Program in Europe. Along with the previous acquisitions of North West Geomatics, SigmaSpace, Melown Technologies, and Thermopylae Sciences and Technologies, this acquisition accelerates Hexagon's mission to provide customers with access to the largest on-demand library of professional-grade and quality controlled geospatial data for applications such as asset management, public safety, utility mapping, insurance claims, and more," Ola Rollén, Hexagon President and CEO.

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