Subsidiaries in Sweden merge for increased efficiency and clarity towards the market
20 Febbraio 2024 - 3:30PM
UK Regulatory
Subsidiaries in Sweden merge for increased efficiency and clarity
towards the market
Press release
February 20, 2024
Gothenburg, Sweden
Subsidiaries in Sweden merge for increased efficiency
and clarity towards the market
Hexatronic Group AB (publ) merges its two wholly-owned
subsidiaries, Hexatronic Cables & Interconnect Systems and
Hexatronic Fiberoptic, forming Hexatronic Sweden. The merger aligns
with Hexatronic’s strategy to have a strong local fiber-to-the-home
company in our selected markets. Through the merger, Hexatronic
will offer a complete system offering, including training and
support, to the Swedish market.
Over the past decade, Hexatronic has contributed to fibre
deployment in Sweden through its subsidiaries Hexatronic Cables
& Interconnect Systems and Hexatronic Fiberoptic. With the
merger, the group takes further steps to enhance clarity in
customer relations, strengthen commercial capacity, and improve
operational efficiency through a unified organization. The merger
is planned to take place in the spring of 2024.
”The merger of our two Swedish businesses aligns with our
ambition to always ensure effectiveness in how we approach the
market. Through the merger, we enable a unified, strengthened, and
more efficient organization, particularly commercially, along with
a complete system offering, including training and field
support,”, says Henrik Larsson Lyon, CEO of Hexatronic
Group.
Gothenburg, February 20, 2024
Henrik Larsson Lyon
CEO Hexatronic Group
For more information, please contact:
Henrik Larsson Lyon, CEO Hexatronic Group, +46 706 50 34
00
Pernilla Lindén, CFO Hexatronic Group, +46 708 77 58 32
The information was submitted for publication, through the
agency of the contact person set out above, at 3:30 pm CET on
February 20, 2024. This is a translation of the Swedish version of
the press release. When in doubt, the Swedish wording
prevails.
Hexatronic creates sustainable networks all over the world. We
partner with customers on four continents – from telecom operators
to network owners – and offer leading, high-quality fiber
technology for every conceivable application. Hexatronic Group
(publ.) was founded in Sweden in 1993 and the Group is listed on
Nasdaq OMX Stockholm. Our global brands include Viper, Stingray,
Raptor, InOne, and Wistom®.
- 2024-02-20 Subsidiaries in Sweden merge for increased
efficiency and clarity towards the market
Grafico Azioni Hexatronic Group Ab (LSE:0RDH)
Storico
Da Mag 2024 a Giu 2024
Grafico Azioni Hexatronic Group Ab (LSE:0RDH)
Storico
Da Giu 2023 a Giu 2024