#Sweden #Stockholm #Hexagon #APEI #aerial mapping

Hexagon to Acquire APEI: A Strategic Move in Aerial Mapping

Hexagon AB, the global leader in precision technologies, has taken a significant step forward in enhancing its aerial mapping capabilities by announcing the acquisition of Aero Photo Europe Investigation (APEI), a French company specializing in aerial data collection. This acquisition is designed to bolster Hexagon's geospatial data platforms, effectively addressing the growing demands for accurate and large-scale geospatial content.

APEI: A Reliable Partner in Aerial Mapping

APEI has established itself as a leader in aerial mapping through its fleet of private aircraft dedicated to data acquisition across France, neighboring European nations, and parts of Africa. Notably, the company has been a long-standing partner with Hexagon, utilizing its sensors and processing capabilities to contribute to the Hexagon Content Program. This initiative is renowned for offering the largest library of aerial imagery and elevation models not only in the U.S. but also across Europe. With its acquisition, Hexagon anticipates a strong synergy that will enhance its existing operations and improve its service offerings to clients.

Norbert Hanke, interim President and CEO of Hexagon, emphasized the strategic importance of this acquisition, stating, "France represents one of the largest geospatial data markets within the EU. This is primarily driven by the French government's commitment to maintaining current mapping content across the nation. Our acquisition of APEI allows us to effectively engage with this opportunity and positions us advantageously for various governmental programs across Europe and Africa."

Strategic Implications for Hexagon

The integration of APEI into Hexagon's operations is expected to generate considerable revenue, with projections estimating around 3 million euros in revenue for 2025 at margins in line with Hexagon's average performance. This move is not only aimed at enhancing Hexagon's service offerings but also at expanding its footprint within the evolving geospatial landscape. It comes at a time when the demand for precise geospatial data is on the rise, driven by advancements in technology and increased reliance on accurate spatial information for governmental and commercial purposes.

Once the acquisition finalizes, APEI will operate under Hexagon's Geosystems division, which focuses extensively on geospatial solutions and services. Hexagon's acquisition of APEI is subject to regulatory approvals and is anticipated to conclude by the end of the second quarter of 2025.

A Closer Look at Hexagon

Hexagon AB stands as a global leader in precision technologies that have redefined industries through solutions involving digital twins, robotics, and artificial intelligence. With approximately 24,800 employees spread across 50 countries, the company has a robust financial standing that highlights its significant role in the market. For 2025, Hexagon is expected to achieve net sales of around 5.4 billion euros, emphasizing its growth trajectory and market presence. The acquisition of APEI will further solidify Hexagon’s commitment to delivering superior geospatial solutions that meet the requirements of its ever-expanding client base.

In conclusion, as Hexagon embarks on this exciting new chapter with the acquisition of APEI, the company positions itself strategically to address the burgeoning demands of the geospatial data landscape while also enhancing operational efficiencies and service offerings across Europe and beyond.