HANZA Holding AB (publ) has decided to discontinue its production unit in Ma’anshan, China, while operations in Suzhou, China will be expanded through a close customer collaboration. The phase out is estimated to cost approximately SEK 3 million, which will impact the result for Q4, 2019. HANZA’s previous financial assessment will, despite this decision, remain the same.
Manufacturing strategist HANZA Holding AB (publ) (“HANZA”) today announced that its machining facility in Årjäng, Sweden, received its AS9100 certification, the standard that will allow HANZA to manufacture products for the aviation, space and defense companies.
Please note that this English translation is for information purposes only. In case of any discrepancies between this version and the Swedish version of the interim report, the Swedish version shall prevail. Manufacturing strategist HANZA Holding AB (publ), listed on Nasdaq Stockholm Small Cap, presents its interim report for the period 1 January to 30 September 2019. HANZA has recently completed a strategic acquisition of a German manufacturing group and continues towards the target of being a leading European manufacturing partner by 2022. HANZA has a positive view on the future, profitability is expected to increase, and the company sees good opportunities for new market shares.
Please note that this English translation is for information purposes only. In case of any discrepancies between this version and the Swedish version of this information, the Swedish version shall prevail.
In 2019, HANZA Holding AB (publ) has completed two acquisitions with factories in Finland, Germany and the Czech Republic, as well as listed the company on NASDAQ’s main list. Furthermore, extensive efficiency projects are underway in the Group’s manufacturing clusters. The acquisitions, projects and financial impact have previously been described in press releases and interim reports. In order to give an updated view of the Group’s development, HANZA now summarizes and supplements the operational and financial information. Furthermore, HANZA develops its presentation of the financial key figures, in order to more clearly describe the company’s net debt- and profitability development.
The manufacturing strategist HANZA Holding AB (publ), listed on Nasdaq Stockholm, has today acquired the German manufacturing group RITTER Elektronik GmbH, with production facilities in Germany and the Czech Republic. The total purchase sum amounts to approximately 12 MEUR and consists of a cash part and a share part.
Manufacturing strategist HANZA Holding AB (publ), listed on Nasdaq Stockholm, was today appointed Supplier of the Year by the multinational corporation 3M at a supplier conference at Langenthaal, Switzerland.
Manufacturing strategist HANZA Holding AB (publ), listed on Nasdaq Stockholm, has today signed a deal with TYRI Lights worth at least SEK35 million per year. The deal involves the manufacturing of lighting products with LED technology.
Manufacturing strategist HANZA Holding AB (publ) (“HANZA”) today announced it signed an agreement with ABB Norway. The work will be done from HANZA’s Swedish cluster, which offers machine work, sheet metal, printed circuit boards and assembly. The initial three-year contract is worth about 25 MSEK annually.
The manufacturing strategist HANZA Holding AB (publ), listed on Nasdaq Stockholm Small Cap, today presents its interim report for Q1, 2019. The company shows continued profitable growth and a strong cash flow. Furthermore, the year has begun with a strategic acquisition, as well as a transfer of the company's share to the stock exchange's main list.
Manufacturing strategist HANZA Holding AB (publ) is expanding its partnership with the medical-technology company Getinge through the manufacturing of assembled mechanical parts for the company's ventilators and anesthesia machines. The new deal has an annual value of about 20 MSEK.
Nasdaq Stockholm's Listing Committee today announced that the Nordic region's first manufacturing strategist – HANZA Holding AB (publ)("HANZA") – meets the requirements for listing on Nasdaq Stockholm's main list, provided that customary conditions are met, including a prospectus to be approved and registered by Sweden's Financial Supervisory Authority (“Finansinspektionen”). The first day of trading on Nasdaq Stockholm is scheduled for Monday, March 25, 2019.
HANZA Holding AB (publ) has signed a global manufacturing agreement with Epiroc regarding deliveries of assembled mechanics and subsystems to the company's mining equipment. The agreement is multiannual.
HANZA Holding AB (publ), listed on First North, has today acquired Toolfac Oy ("Toolfac"), a high-tech Finnish manufacturer focusing on machining. Toolfac has about 60 employees and an annual turnover of approx. SEK 80 million. The purchase price consists of a cash part, a share part and an additional purchase sum, and is estimated to amount to approx. SEK 34 million. Toolfac will be integrated into HANZA's manufacturing clusters in Finland.
The manufacturing strategist HANZA has won a deal with the food company Picadeli on the manufacture of electronics for the company's salad bars. The transaction has an annual value of over SEK 12 million.
HANZA Holding AB (publ) has signed an agreement with the materials handling company Rocla to supply parts for their new generation of electronic forklifts, designed and assembled by Rocla. The parts are to be produced in HANZA’s Cluster Baltics.
Manufacturing strategist HANZA has been awarded Årjängs Municipality Business Price 2018
This autumn, the Swedish manufacturing company HANZA celebrates ten years. Following a successful development phase, the company is now aiming for global expansion.
The manufacturing strategist HANZA, listed on the Nasdaq First North Stockholm, is today presenting an interim report, with a sales exceeding half a billion SEK in a single quarter for the first time, while the profitability continues to improve. The Board has also established a strategy for the forthcoming expansion phase, according to which HANZA’s financial targets and dividend policy will be revised.
HANZA Holding AB (publ) launches two new manufacturing technologies, heat treatment and non-destructive testing, further strengthening the offer from HANZA's manufacturing cluster in Sweden
HANZA Holding AB (publ) has signed an agreement with Apstec Systems for the delivery of complete security products to an initial value of approximately 12 MSEK.
HANZA Holding AB (publ) has received a major order from Estonia's leading company in manufacturing of electrical equipment and materials, Harju Elekter Elektrotehnika AS, regarding manufacturing of mechanical cabinets and sheet metal constructions.
HANZA Holding AB (publ) ("HANZA") today signed an agreement to acquire Wermland Mechanics Group AB ("Wermech"), one of the Nordic region's leading manufacturers of sheet metal mechanics. Wermech will be part of HANZA's manufacturing cluster in Sweden, which already covers factories within electronics manufacturing and machining. The purchase sum for the shares amounts to maximum SEK 167.5 million.
HANZA Holding AB (publ), listed on First North Premier, has signed an agreement with Getinge for component and systems manufacturing for medical products. Production will initially take place in HANZA's manufacturing cluster in Estonia.
HANZA Holding AB (publ), listed on First North Premier, has received orders for communications equipment from the Defense and Security company Saab with delivery in 2017.
HANZA Holding AB (publ) has established a manufacturing solution for eSite intelligent power management systems for the leading off-grid energy provider Flexenclosure (http://www.flexenclosure.com/), under which HANZA will supply electrical parts.
HANZA has signed a contract to implement a new manufacturing solution worth 5 MEUR annually.
HANZA today filed for company restructuring of its subsidiary HANZA Finland, Vaasa Oy. The restructuring is done to finalize the transformation of the site into a logistics and service center. During the reconstruction operations in Vaasa continues according to plan. The measure is not expected to lead to any increased costs for the HANZA Group
HANZA has decided to convert its standalone sheet metal factory in Vaasa, Finland, to a logistics and service center. The change will be part of a final phase of the acceleration program Frontrunner, which HANZA today announced will be completed in 2016
HANZA coordinates the production plants in China according to the Group's cluster concept, and strengthens the local management
HANZA Holding AB (publ) implements a new manufacturing solution for RVM Systems AS, following a so-called MIGTM analysis.
HANZA Holding AB (publ), listed on Nasdaq First North, is expanding its manufacturing cluster in Central Europe. HANZA’s operations in the Czech Republic is expanded with 1,500 sqm and an agreement of strategic cooperation has been signed with Rayservice – a premium Czech manufacturer. This also means a further commitment from HANZA to high-demanding customers in the Aerospace & Defense industry.
HANZA Holding AB (publ) has today sold its real estate in Riihimäki, Finland.
HANZA Holding AB (publ), listed on First North, has signed a cooperation agreement with Free2move, listed on Nordic MTF, regarding industrialization and manufacturing of the company's current and future products.
HANZA Holding AB (publ), listed on Nasdaq First North Premier, today announced results for the quarter ended March 31, 2016. The company reported profitable growth, with significant improvement in earnings and additional new customer projects.
HANZA merges two production units in Estonia as a further step in the company’s strategy to create modern and efficient manufacturing clusters
HANZA continues to coordinate activities after the acquisition of Metalliset last summer. The site in Slovakia is divested, as HANZA intends to develop the new manufacturing cluster in Central Europe.
HANZA refinances credit agreements through convertible loans and the sale of company-owned shares.
HANZA, listed on Nasdaq First North, has completed a major investment of approximately SEK 20 million to meet increased demand
HANZA is selling its minor plant in Northern Finland as part of the company’s strategy to streamline operations. The buyer is the Finish heavy mechanics manufacturer Laser Steel, which also enters a strategic cooperation with HANZA.
Industrial strategist HANZA has through its expertise and knowledge service MIG signed agreements estimated to EUR 12 million over a four year period. MIG is part of HANZA's business strategy Front Runner, which aims at helping customers to optimize their manufacturing process and thereby increase growth and profitability through the entire supply-chain.
The Frontrunner Strategy of industrial strategist HANZA aims to develop the company into a leading business partner in manufacturing. Today HANZA carried out the next stage in this strategy with an enhanced organization to which the company has recruited two experienced top managers.
Today, the merger between Swedish HANZA and Finnish Metalliset Group was finalized. The new group will consist of approx. 1500 people with a turnover exceeding 160 MEUR. The deal is done partly in shares; therefore the resulting company becomes a Finnish-Swedish owned company
The shareholders in HANZA Holding AB (publ), org.nr 556748-8399 (the ”Company”) are hereby convened to the extraordinary general meeting on Thursday 30 July 2015 at 6.00 PM at Systrarna på Torget, Brovägen 2, Stocksund, Sweden.
HANZA Holding AB (publ) (”HANZA” or the ”Company”) has as of today entered into an agreement regarding the acquisition of all outstanding shares in Metalliset Oy (“Metalliset”), a parent company in an international manufacturing group with a turnover of a approx. 375 MSEK and an EBITDA of approx. 45 MSEK. The total purchase price amounts to approx. 70 MSEK, of which a substantial part consists of new shares in HANZA. Therefore, the board of directors intends to carry out an issue of new shares to the current shareholders of Metalliset, corresponding to approx. 15 % of the total shares in HANZA, in connection with the acquisition. Further, a fully guaranteed rights issue of 50 MSEK will be carried out in order to finance the acquisition and capitalize the new group.
HANZA has signed a multi-year agreement with Chargestorm relating to the manufacture of complete charging solutions for electric vehicles to an initial annual value in excess of 10 MSEK.
HANZA calls for Extra General Meeting to approve a private placement to a group of investors who bring expertise in customer perspective, acquisitions and financing. Broadened ownership strengthens HANZA for the planned development, which includes improved profitability, further capitalization and acquisitions.
HANZA has signed a multi-year manufacturing agreement with an international industrial customer, enabling the further development of HANZAs strong manufacturing offer.
HANZA, listed on First North Premier, today announces April 28 its interim report for the first three months. The company reports an improvement in the market and that the company's factory mergers have been implemented according to plan. The result has improved, but is still not satisfactory. The Board estimates that a capitalization plan for the Company, as announced in the annual report can be presented in the second quarter 2015th
HANZA has signed an extended three-year agreement with Siemens Turbomachinery at a value exceeding 60 million SEK.
HANZA Holding AB (publ) has given notice of termination to 18 employees in Åtvidaberg in order to increase profitability in a varying manufacturing environment and to support the company's long-term financial goals
HANZA Holding AB (publ) announces a developed strategy to increase the companys profitability during an unpredictable economic climate. Hanza initiates trade union negotiations to move the company’s manufacturing site in Töreboda to other HANZA sites.
HANZA Holding AB (publ) has today acquired all shares in KA Elektronik AB, an electronics manufacturer that in 2013 had sales of 75 MSEK with an operating profit (EBIT) of 4.9 MSEK.
HANZA Holding AB (publ) has signed a strategic partnership agreement with business strategist company Reforce International. The cooperation includes the business offering MIG(TM) that increases growth and profitability for product owners.
HANZA has signed a multiyear production contract with Saab Dynamics containing both mechanics and electronics.
HANZA has signed a production agreement with KLE / Tyri Lights, which will be produced in HANZAs electronics factory in Årjäng, Sweden.
HANZA has signed a long term contract with a new customer in the Automotive segment. The products will be manufactured in HANZA electronics factory in Årjäng, Sweden.
HANZA has registered the IPO share issue and added 22 MSEK and over 1 500 new shareholders.
HANZA Holding AB (publ) (“HANZA”), listed on Nasdaq OMX First North, has been chosen by Konekesko Oy, a Finnish leading manufacturer of premium boats, to supply all aluminum parts for the successful Yamarin Cross line of boats.
HANZA AB - Scandinavia's fastest growing provider of complete manufacturing services in mechanics, electronics, cables and boxbuild - has acquired Arvika Industrikablage and Davab.
HANZA strengthens its supply management to meet customer requirements and the Group's growth strategy by recruiting industry expertise and thru a major reorganization
Volvo Buses has signed a Letter of Intent with the contract manufacturer HANZA about supplying components to bus factories in Europe. The collaboration will provide HANZA opportunity to expand its current operations in Värmland, Sweden by placing some production to Volvo's former factory in Säffle.
In June a major agreement was signed between the companies for the production of cable harnesses and sheet metal parts in HANZAs factory in Tartu, Estonia.
HANZA moves against the stream and expand its manufacturing in Finland, while broadening its offering in the thick metal area in close cooperation with its customers. On Thursday the tape was cut at a very well attended opening ceremony.
Contract manufacturer HANZA AB (publ) has today acquired the international cable manufacturer Alfaram with factories in Finland, Slovakia and China. The acquisition follows HANZAs expansion strategy, and after the acquisition group turnover of approx. 1.3 billion with approx. 1,100 people in six countries.
The sheet metal manufacturer Elektrometalli and the contract manufacturer HANZA has joined forces, which creates a major Nordic manufacturer with over 1 000 employees, operating in Finland, Sweden, Estonia and Poland.
HANZA modernises and streamlines the manufacturing industry. By gathering different manufacturing technologies locally, we create shorter lead times, more environmentally friendly processes and increased profitability for our customers. HANZA was founded in 2008 and today has an annual revenue of SEK 2,3 billion with operations in Sweden, Finland, Germany, Estonia, Poland, Czech Republic and China. Among HANZA’s customers are leading companies like ABB, Epiroc, GE, Getinge, Oerlikon, SAAB and Siemens.
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