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New Deal


Announced

Hexagon to acquire HARD-LINE.

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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Canada

mine production optimisation

mine automation

remote-control technology

Machinery: Specialty

Acquisition

Majority

Friendly

Cross Border

Private

Pending

Single Bidder

Synopsis

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Hexagon, a provider of digital reality solutions, combining sensor, software and autonomous technologies, agreed to acquire HARD-LINE, a provider of mine automation, remote-control technology and mine production optimisation. Financial terms were not disclosed. The acquisition will enhance Hexagon's life-of-mine technology stack and complement its latest product offerings, including HxGN Underground Mining, HxGN Autonomous Mining, and the award-winning HxGN MineProtect platform.

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