HANZA acquires Leden Group for up to EUR 50 million

HANZA AB signed an agreement to acquire 100% of Leden Group, a Finnish contract manufacturer in sheet metal, machining and complex assembly, with a turnover of approximately SEK 1.1 billion. The purchase price consists of EUR 21 million cash and 2,300,000 HANZA shares valued at EUR 14 million, with potential earn-out up to EUR 15 million.

“HANZA AB has today signed an agreement to acquire Leden Group, a leading Finnish company in advanced mechanics manufacturing with a turnover of approximately SEK 1,1 billion.”hanza.com

• 1 source
• hanza.comHANZA acquires Leden – a billion SEK Finnish manufacturer - HanzaDec 12, 2024

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