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Strong Demand for HANZA's MIG Advisory Service Driving More Strategic Manufacturing Partnerships
November 29, 2024 | HANZAEstimated reading time: 1 minute
HANZA, a leader in manufacturing solutions, continues to reap success with its advisory service within its overall concept MIG™ (Manufacturing solutions for Increased Growth and earnings). During the year, several new strategic partnerships have been initiated, most recently with the German WISI Group, a global market leader in telecommunications technology.
As previously communicated, HANZA has won a so called MIG™ deal with a German Customer. We are now able to provide further information about this including mentioning who the customer is.
HANZA’s advisory service has proven to be successful in helping companies optimize their supply chains and manufacturing processes and create long-term value. The consultancy service offers an in-depth analysis of the client’s production and supplier flows, thereby identifying areas for improvement and creating customized solutions that reduce costs and increase flexibility. WISI Group recently selected HANZA as a strategic partner to manage and consolidate its production to HANZA’s facilities in Central Europe.
“We are seeing increased interest in our MIG™ concept, and our partnership with WISI confirms that our strategy of creating value through end-to-end solutions continues to attract global players,” said Willibald Berger, SVP of Strategic Projects at HANZA.
The partnership with WISI means that HANZA takes over the entire production line, which not only improves cost efficiency but also enables a more dynamic and scalable manufacturing solution. With the advisory service at the center, HANZA is now seeing a continued increase in strategic partnerships and strong demand from global technology companies seeking more integrated and flexible manufacturing solutions. After an intensive joint evaluation phase starting in May 2024, WISI has been supplied by HANZA since August 2024.
HANZA’s MIG™ concept is part of the company’s advisory service, which gives companies the opportunity to not only move their production but also receive strategic guidance how to optimize their global supply chain in a sustainable way. This has led to a growing number of strategic partnerships around the world with benefits from enhanced production efficiency, reduced costs, and greater flexibility.
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HANZA Wins New Customer in Germany
11/25/2024 | HANZAHANZA AB, listed on Nasdaq Stockholm, continues to secure new business, and has entered a manufacturing partnership with a leading German company specializing in advanced measurement equipment for mechanical components.
HANZA's Principal Owner Increases its Holding
10/14/2024 | HANZAHANZA’s main shareholder Färna Invest AB, owned by Gerald Engström, has purchased 380,000 shares in HANZA AB during September and owns 9,980,000 shares in the company at the end of September, corresponding to 22.86%. This is according to data as of 2024-09-30 from Euroclear.
HANZA Honored with Cyber Champion Award
10/08/2024 | HANZAHANZA Group has been awarded the prestigious Cyber Champion Award by our Security Operations Center (SOC) provider, Neverhack Estonia, at the Security Summit 2024 in Estonia.
HANZA CEO Erik Stenfors Increases Stake in Company
09/26/2024 | HANZAErik Stenfors, CEO of HANZA, a leading global provider of advanced manufacturing services, has purchased 8,000 shares in the company.
HANZA to Implement Sustainable Manufacturing Solution for Mitel
09/12/2024 | HANZAHANZA has signed a strategic agreement with Mitel Networks Corp, a Canadian telecommunications company, under which HANZA will relocate manufacturing from China to Europe.