Strategic partnership to protect production operations worldwide. HEXPOL and Oktogrid form strategic partnership to protect production operations worldwide. HEXPOL, has entered into a strategic partnership with Oktogrid to deploy transformer monitoring across its global production footprint. The commercial agreement establishes a standardised, group-wide approach to monitoring critical electrical assets in both existing and future HEXPOL facilities. "Reliable electrical infrastructure is fundamental to stable industrial production," said Carsten Rüter, President Technology at HEXPOL. "This partnership enables us to proactively protect our operations, reduce unplanned downtime risk, and make more informed decisions about maintenance and asset lifecycle management, without disrupting production." The rollout will equip HEXPOL sites worldwide with Oktogrid's monitoring solution, providing 24/7 visibility into transformer condition, early risk detection, and improved planning for maintenance and asset renewal. The solution enables a fast and uncomplicated installation process per transformer and supports efficient deployment across industrial facilities. For HEXPOL, uninterrupted electrical supply is essential to protect production continuity, product quality, and operational safety. By introducing a harmonised monitoring standard across all sites, the company gains a consistent, data-driven basis for managing transformer risk - independent of existing monitoring tools already in place at individual facilities. Oktogrid's monitoring solution is non-invasive and designed specifically for industrial environments, allowing operators to move from reactive responses to planned, condition-based decision-making. The system supports early identification of developing risks, helping prevent failures before they impact operations. "We are proud to support HEXPOL with a scalable, globally standardised monitoring approach," emphasized Golam Sadeghnia, CEO of Oktogrid. "This agreement reflects a clear focus on operational resilience, production protection, and long-term value creation - areas where industrial companies increasingly demand simple, fast-to-deploy, and reliable solutions." The partnership underscores the growing importance of operational transparency and risk prevention as manufacturers navigate increasingly complex energy systems and rising demands on electrical infrastructure.

Current management will remain with the company