Salute e Benessere
HANZA completes billion SEK acquisition - broadens customer base and strengthens mechanical expertise
HANZA's acquisition strategy is based on identifying financially stable companies with a strong corporate culture and complementary expertise. The acquisition is part of the "HANZA 2025" strategy, which aims to expand the business in existing geographies and technologies in Europe.
Leden Group has approximately 600 employees and five production facilities - four in Finland and one in Estonia . The company has annual sales of approximately SEK 1.1 billion and long-term customer relationships in areas such as energy storage, energy distribution and industrial automation. The acquisition means that HANZA strengthens its offering in sheet metal mechanics, machining and complex assembly.
"Leden Group fits perfectly into our strategy and significantly strengthens our offering. In the customer dialogues we had prior to closing, we have received remarkably positive feedback from both existing and new customers about the deal, and we look forward to further developing the collaboration," says Erik Stenfors, CEO of HANZA.
"We look forward to becoming part of the HANZA family. Together we can create even more cost-effective solutions for our customers and drive more growth - for them and thus for us," says Jukka Haapalainen , CEO of Leden Group.
Erik Stenfors , CEO
+46 709 50 80 70
erik.stenfors@hanza.com
Lars Åkerblom, CFO
+46 707 94 98 78
lars.akerblom@hanza.com
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/hanza-ab/r/hanza-completes-billion-sek-acquisition---broadens-customer-base-and-strengthens-mechanical-expertis,c4113240
The following files are available for download:
View original content:https://www.prnewswire.co.uk/news-releases/hanza-completes-billion-sek-acquisition---broadens-customer-base-and-strengthens-mechanical-expertise-302389925.html