Pestalozzi advises Hexagon with the sale of the Tesa PMI business

Pestalozzi has played a crucial role in advising Hexagon, the global player in digital reality solutions, combining sensor, software and autonomous technologies, on the sale of its Tesa PMI (Precision Measurement Instruments) business, to Hangzhou Great Star Industrial Company. This divestment aligns with Hexagon’s strategic commitment to concentrate on core business activities that directly contribute to its mid-term growth, margin, and cash generation targets.

Expected to conclude in Q1 2024, the transaction is subject to customary closing conditions. Pestalozzi‘s multidisciplinary team was composed by corporate/M&A partner Christoph Lang (pictured left) and included Nils Harbeke (partner, tax), Lara Dorigo (partner, IP & TMT), Fabian Martens (partner, competition), Sarah Drukarch (partner, Data Privacy), Julia Ramseyer (associate, corporate / M&A), Catherine Braun (associate, corporate / M&A), Alexandra Bühlmann (associate, corporate / M&A) as well as Margaretha Schulz (junior associate, corporate / M&A).