metrology systems (51%): stationary and portable measuring equipment, coordinate measuring machines, laser plotters and scanners, etc. Net sales break down by product family as follows: Hexagon AB specializes in the design, manufacture and marketing of equipment and information systems for geospatial and industrial applications. The regulatory approvals have now been obtained.

ETQ will be consolidated as of Apand will operate within Hexagon's Manufacturing Intelligence division. The cash consideration is fully financed via existing and new debt facilities. Hexagon AB (publ) (OM:HEXA B) completed the acquisition of ETQ, LLC on April 1, 2022. Sean Windsor of BDO USA, LLP acted as financial due diligence provider to ETQ, LLC. Esker of Kirkland & Ellis LLP acted as legal advisor to ETQ, LLC. ETQ will be accretive to Hexagon's adjusted earnings (before PPA and other purchase accounting adjustments) as of closing. Completion of the transaction is subject to regulatory approvals and other customary conditions, which are expected to be fully completed by early in the second quarter 2022. ETQ will operate as part of Hexagon's Manufacturing Intelligence division. The cash consideration will be fully financed via existing debt facilities. The consideration is on cash and debt free basis. Hexagon AB (publ) (OM:HEXA B) agreed to acquire ETQ, LLC for $1.2 billion on February 25, 2022.

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