For the year ended 2020, Infor EAM reported revenue of $167 million. (Infor EAM) will be reported under Hexagon's Industrial Enterprise Solutions segment but serve all Hexagon businesses focused on asset-intensive ecosystems like manufacturing, industrial facilities, mines, farms, autonomous mobility, buildings, infrastructure, cities & nations, and defense.
Following the acquisition, the Global Enterprise Asset Management (EAM) business of Infor, Inc. The cash consideration will be fully financed via existing debt facilities of Hexagon. After the completion of the transaction, Koch will own 4.9% of the equity in Hexagon AB and become a long-term, active shareholder in addition to the business partnership. The exact total purchase price is dependent on the share price at the closing of the transaction. in accordance with the mandate granted by the Annual General Meeting 2021. Under the terms of the agreement, Hexagon AB will pay $800 million in cash and issue 132.6 million series B shares to Koch, parent of Infor, Inc. The purchase price is on a cash and debt free basis. for approximately $2.8 billion on July 6, 2021.
Hexagon AB (publ) (OM:HEXA B) entered into an agreement to acquire Global Enterprise Asset Management (EAM) business of Infor, Inc.
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