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HANZA acquires Arvika Industrikablage and Davab - strengthens the company's position in the electronics and cables area

Publish date: 2014-02-07

HANZA AB - Scandinavia's fastest growing provider of complete manufacturing services in mechanics, electronics, cables and boxbuild - has acquired Arvika Industrikablage and Davab.

”HANZA has since the start in 2008 grown into a manufacturer with a broad geographical presence through offices in the Nordic countries, Central Europe and China. We will continue to expand and the acquisitions of Arvika Industrikablage and Davab is another step in the right direction", commented Erik Stenfors, CEO, HANZA AB.

HANZAs goal is to consolidate Nordic contract manufacturers and further strengthen its position as a competitive quality provider of complete manufacturing services.

"One of our key success factors is that we succeed in creating profitable activities in rural areas in Sweden", says Gerd Levin-Nygren, manager of HANZAs electronics division. "Arvika Industrikablage and Davab are two well-respected regional companies whose business will now be moved to our factory in Värmland and which will be further developed in HANZA Group".

For more information, please contact:

Erik Stenfors, CEO, HANZA AB

Phone: 070-950 80 70, e-mail: erik.stenfors@hanza.com

Gerd Levin-Nygren, Division Manager Electronics
Phone: 0708-11 68 48, e-mail: gerd.levin@hanza.com

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HANZA is one of the leading providers of complete manufacturing services in Nordic within electronics, mechanics and cables. The group has 1100 employees in Sweden, Finland, Estonia, Poland, Sweden, Slovakia and China and turnover exceeds 130 MEUR.www.hanza.com

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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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