NACKA STRAND, Sweden, April 21, 2004 (PRIMEZONE) -- The German competition authorities, Bundeskartellamt, have approved Hexagon's acquisition of Thona Group. Hexagon's consolidation with Thona group will be ef-fective 1 May 2004.
Hexagon AB is a multinational engineering group with the long-term ambition of positioning itself as number one or number two within its strategic sectors. The operation is divided into four business areas: Hexagon Automation, Hexagon Engineering, Hexagon Metrology and Hexagon Polymers. The group's targets are to increase earnings per share after tax by at least 15 per cent p.a., and achieve a return on capital employed higher than 15 per cent over the business cycle. Current turnover amounts to more than 7 GSEK p.a.
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