HANZA acquires outstanding shares in Leden subsidiary

March 13, 2025

On March 3, 2025, HANZA AB completed the acquisition of 100% of the shares in the Finnish group Leden Group Oy. Leden also owned approximately 90% of the subsidiary Leden Estonia AS, and HANZA has today acquired the remaining shares, which means that the company becomes a wholly owned subsidiary.

The transaction is a natural step after the acquisition of Leden and is in line with HANZA’s strategy to have full ownership of its subsidiaries for optimal operational efficiency.

The purchase price amounts to EUR 1.5 million and is financed through existing cash. In Leden, there is a recognized minority interest of approximately EUR 1.7 million, which means that the acquisition has a minimal positive accounting impact.

About HANZA
HANZA is a global knowledge-based manufacturing company that modernizes and streamlines the manufacturing industry. Through supply-chain advisory services and with production facilities grouped into regional manufacturing clusters, we create stable deliveries, increased profitability and an environmentally friendly manufacturing process for our customers. HANZA was founded in 2008 and today has a pro forma annual turnover of approximately SEK 4.9 billion. The company has six manufacturing clusters: Sweden, Finland, Germany, Baltics, Central Europe and China. Among HANZA’s clients are leading companies such as 3M, ABB, Epiroc, GE, Getinge, John Deere, Mitsubishi, SAAB, Sandvik, Siemens and Tomra. HANZA is listed on Nasdaq Stockholm’s main list.

For more information please visit: www.hanza.com

HANZA acquires outstanding shares in Leden subsidiary