HANZA acquires Leden - a billion SEK Finnish manufacturer

With this acquisition, HANZA is expanding its offering in Finland in particular, but also in the Baltics. Among other things, this means increased capacity and expertise in advanced mechanics manufacturing.

Summary of the transaction

Management comments

"The acquisition of Leden is an important step in achieving our goals under our strategy, HANZA 2025", says Erik Stenfors, CEO HANZA. "With Ledens strong market position and technological expertise, we are significantly strengthening our offer."

"We look forward to being an important part of HANZA", says Jukka Haapalainen, CEO Leden. "We share the same values and see great opportunities for even faster profitable growth thanks to HANZAs unique concept in contract manufacturing."

About the future

The acquisition is expected to be concluded in the first quarter of 2025, following regulatory approvals.

The acquisition is an important part of HANZAs operational plan HANZA 2025.

HANZA reiterates its financial targets for 2025, including SEK 6.5 billion in sales and an operating margin of 8%.

Invitation to audiocast

In connection with the acquisition, HANZA invites investors, analysts and media to a combined conference call and audiocast at 10:00 a.m. today, December 12, 2024.

The acquisition will be presented by CEO Erik Stenfors and CFO Lars Åkerblom. The presentation will be held in English.

If you wish to participate via webcast please use the link below.
https://live.events.inderes.com/audiocast-dec-2024

If you wish to participate via teleconference please register on the linkbelow. After registration you will be provided phone numbers and a conference ID to access the conference. You can ask questions verbally via https://conference.financialhearings.com/teleconference/?id=5006238

Advisers

Pareto Securities AB has acted as financial advisor and Advokatfirman Lindahl as legal advisor to HANZA.

This disclosure contains information that HANZA AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 12-12-202407:30 CET.

For further information please contact:
Erik Stenfors, CEO
+46 709 50 80 70
[email protected]

Lars Åkerblom, CFO
+46 707 94 98 78
[email protected] 

This information was brought to you by Cision http://news.cision.com.

https://news.cision.com/hanza-ab/r/hanza-acquires-leden---a-billion-sek-finnish-manufacturer,c4081195

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