HANZA acquires product development company in Germany
To meet an increasing demand, HANZA AB (publ) has today acquired Budelmann Elektronik GmbH (“Budelmann”) in Münster, Germany. The deal underlines the unique width of HANZA’s offer.
“Our mission is to continuously increase our customers’ competitiveness,” says Erik Stenfors, CEO of HANZA. “Successful customers are the key to HANZA’s amazing growth journey. Recently we reported that we had passed SEK 3 billion in sales over a 12-month period, with good earnings. In 2022, we complete an extensive expansion program for our six manufacturing clusters. Thus, this deal is a natural next step; a strategic acquisition to meet the growing demand also in product development.”