News Column

Redeye  - A high-tech acquisition from Hexatronic

August 19, 2014

Hexatronic has acquired Proximon AB, a high-tech producer of fiber optical dispersion compensation modules. The price tag for Proximion amounts to about 55 MSEK, which is a reasonable price based on current earnings. Proximion overall have higher product margins than Hexatronics other subsidiaries because of the high technology level.

We have revised our estimated future margin and sales levels with reason of the acquisition, this yields a higher estimated fair value of 24.5 (21.2). We continued to argue that Hexatronic is a growth company at an attractive valuation.

To read the full report visit

This information was brought to you by Cision

The following files are available for download:

For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: Cision

Story Tools Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters