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HANZA establishes manufacturing solution with deliveries to Flexenclosure

Publish date: 2017-03-28

HANZA Holding AB (publ) has established a manufacturing solution for eSite intelligent power management systems for the leading off-grid energy provider Flexenclosure, under which HANZA will supply electrical parts.

Flexenclosure provides sustainable Internet infrastructure for emerging markets – designing and manufacturing eCentre prefabricated data centre buildings and eSite intelligent power management systems for the ICT industry. The company recently launched eSite x10 – the world’s first hybrid power system purpose-built for outdoor telecom sites and to outdoor telecom standards.

HANZA has signed an agreement with Flexenclosure, whereby HANZA will supply electrical parts from their manufacturing cluster in Årjäng, Sweden and host a final JIT (Just in time) assembly line.

“Our new eSite x10 product is the future of hybrid power, said David King, CEO, Flexenclosure.  "Its hardware and software engineering is pre-eminent in our industry and we needed to be sure that our manufacturing partner was pre-eminent in theirs.  We’re comfortable that with their high-tech experience and their proximity to our manufacturing hub in Sweden, HANZA is the ideal partner."

“Our concept is designed to deliver high customer value thru CAP (Competence, Automation and Proximity) to customers in countries like Sweden,” said Thomas Lindström, Senior Vice President, Head of Business Solutions HANZA. "This we combine with our unique advisory services and complete manufacturing to develop a sustainable manufacturing strategy for our customers”.

For further information:

Thomas Lindström, SVP Head of Business Solutions, HANZA
Phone: +46 702 983939
E-mail: thomas.lindstrom@hanza.com

David King, CEO Flexenclosure
Phone: +46 510 427 000
Email: david.king@flexenclosure.com

_________________________________________________________________________________________________________

For further information:

Thomas Lindström, SVP Head of Business Solutions, HANZA
Phone: +46 702 983939
E-mail: thomas.lindstrom@hanza.com

David King, CEO Flexenclosure
Phone: +46 510 427 000
Email: david.king@flexenclosure.com

_________________________________________________________________________________________________________ 

The information in this press release is such that HANZA must disclose it in accordance with the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 09.30 am (CET), March 28, 2017. Erik Penser Bankaktiebolag is the company's certified adviser. 

Important information
This press release may contain certain forward-looking statements that reflect HANZA’s current views of future events and financial and operational performance. Words such as "intends", "anticipates", "expects", "may", "plan ", "anticipate" or similar expressions regarding indications or predictions of future developments or trends, and are not based on historical facts, constitute forward-looking information. Forward-looking information is inherently associated with both known and unknown risks and uncertainties because it is dependent on future events and circumstances. Forward-looking statements are not guarantees regarding future results or developments and actual results may differ materially from those set forth in forward-looking information.

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HANZA is a fast growing industrial business partner within manufacturing. The company offers a unique combination of advisory services and tailormade manufacturing solutions that increases growth and profitability for its customers. HANZA was founded in 2008 and has grown into a billion SEK company. The Company currently operates in Sweden, Finland, Estonia, Poland, Czech Republic and China. Among HANZA’s clients there are leading industrial companies such as Kone, Konecranes, Atlas Copco, ABB and Saab Defense.

PRESS CONTACT

Thomas Lindström

Senior Vice President
Head of Business Solutions
+46 702983939
thomas.lindstrom@hanza.com

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