Hexagon AB Acquires Xwatch Safety Solutions
April 23, 2024
Hexagon AB has acquired Xwatch Safety Solutions to strengthen its digital construction safety portfolio. Xwatch provides OEM-agnostic machine control hardware and software (height control, slew control, rated capacity indication) and will be fully consolidated into Hexagon's Geosystem division; Xwatch generated ~4 MEUR revenue in 2023 and has 17 employees mainly in the United Kingdom.
- Buyers
- Hexagon AB
- Targets
- Xwatch Safety Solutions
- Industry
- Manufacturing
- Location
- United Kingdom
- Transaction Type
- Buyout
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