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Hexagon Metrology Inc. Release date: June 9, 2008
North Kingstown, RI - June 9, 2008 - Hexagon Metrology, Inc. has announced that it has acquired its leading Sheffield CMM products distributor, Advanced Metrology Solutions of Dayton, OH. The company is a leading distributor of precision metrology products in a nine-state territory, stretching from Michigan to Florida. Besides Sheffield, the company also sells other Hexagon Metrology brands including ROMER portable arm measuring systems, TESA precision hand tools and PC-DMIS software.
"This acquisition is part of Hexagon's Global Growth Strategy of acquiring key distribution partners in key markets worldwide" said Bill Gruber, President and CEO of Hexagon Metrology, Inc.. "In North America, it complements our multi-channel distribution strategy for Sheffield and ROMER products, which ensures a focused sales force concentrating on individual brands and product categories."
"Tom Kretz, President and owner of Advanced Metrology Solutions, will be staying on, and joining the Hexagon team. His experience with the distribution model in this industry will be an invaluable resource for the continued growth of the Sheffield and ROMER brands," continued Gruber. "Advanced Metrology will remain a focused, independently managed business unit. They will continue operating in the business model which has made them highly successful: providing customized, application specific solutions, services and training backed with an exceptional level of personalized attention to their customer base. AMS represents the 'model distributor' for Hexagon Metrology's brands sold through the independent sales network, and we intend to pursue additional sales growth for these brands through these important channels in the future."
Advanced Metrology Solutions had sales of over nine million dollars 2007, and presently employs 19 people. Advanced Metrology Solutions will be fully consolidated as of the 1st of June, 2008 and will immediately contribute to Hexagon's earnings.
About Hexagon Metrology
Hexagon Metrology serves the high precision measurement and inspection needs of worldwide manufacturers with its extensive line of metrology hardware, software, accessories, and customer services. The company's name-brand portfolio of quality assurance products include Brown & Sharpe, CogniTens, Leica Geosystems, ROMER, Sheffield, PC-DMIS, DEA, Leitz, and TESA. Hexagon Metrology has an unrivaled installed base of more than 1.5 million handheld, stationary and portable measurement devices, and over 30,000 seats of PC-DMIS metrology software. More information is at www.HexagonMetrology.us
The company is a subsidiary of Hexagon Measurement Technologies, a business unit of Hexagon AB (Nacka Strand, Sweden), a publicly-traded company (OMX Nordic: HEXA B). The Hexagon group consists of nearly 8,200 employees located in 30 countries.
Belinda Jones HiTech Marketing llc 860-399-1147 tel 860-399-1148 fax email:belinda.jones@hitechmarketing.com http://www.hitechmarketing.com 632 W. Pond Meadow Rd. Westbrook, CT 06498 Momentum Marketing for High Tech Companies
Hexagon Marketing Contact: Bill Fetter, Hexagon Metrology, Inc., (920) 906-7514, william.fetter@hexagonmetrology.com
Company Information:
Name: Hexagon Metrology Inc.
Address: 250 Circuit Drive
City: North Kingstown
State: RI
ZIP: 02852
Country: USA
Phone: 800-343-7933
FAX: 401-886-2727
http://HexagonMetrology.us
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