The takeover of SAFEmine’s product lines, which include collision avoidance, driver fatigue monitoring, advanced tracking radar and vehicle information systems, is significant for mining customers, according to Hexagon President and CEO Ola Rollén. “SAFEmine’s strong presence and technology leadership not only open doors to cross-sell complementary Hexagon offerings to the same market, but create integration opportunities across multiple businesses within Hexagon,” Rollén said.
SAFEmine was fully consolidated as of March 13, and Hexagon said no significant impact on its earnings would be seen. The company’s turnover for 2013 amounted to approximately 13 million EUR.
