HANZA has completed the integration and efficiency program launched in
In January, HANZA completed the acquisition of Orbit One, the company's largest acquisition to date. To respond to the economic slowdown, the Group subsequently launched an efficiency program. The integration of Orbit One and the efficiency program have now been completed, and HANZA is therefore considering the next step according to the strategy "HANZA 2025".
The strategy includes further development of operations according to the Group's cluster concept. A new sheet metal hall in
HANZA will notify the Swedish Public Employment Service and the Finnish Employment and
"The integration and efficiency program has been implemented smoother and faster than planned. As a result, we are already ready for the next stage of HANZA 2025, where we are reviewing how we can consolidate customer volumes into the new and existing units in a way that provides the best customer value in the long term," says
HANZA considers that the acquisition of Orbit One, together with the successfully completed integration and efficiency program, as well as the strategic projects that are now continuing, will ensure that the Group reaches the financial targets for 2025. The Group's strong financial position also provides opportunities for further strategic acquisitions.
This disclosure contains information that
For further information please contact:
+46 709 50 80 70
erik.stenfors@hanza.com
Lars Åkerblom, CFO
+46 707 94 98 78
lars.akerblom@hanza.com
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.
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 over
For more information please visit: www.hanza.com
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