Standard of Excellence: Speed vs. Quality in Customer Service
Knocking Down the Bone Pile: Revamp Your Components with BGA Reballing
Global Sourcing Spotlight: Balancing Speed and Flexibility Without Sacrificing Control
HANZA Acquires Outstanding Shares in Leden Subsidiary
March 19, 2025 | HANZAEstimated reading time: Less than a minute
On March 3, 2025, HANZA AB completed the acquisition of 100% of the shares in the Finnish group Leden Group Oy. Leden also owned approximately 90% of the subsidiary Leden Estonia AS, and HANZA has acquired the remaining shares, which means that the company becomes a wholly owned subsidiary.
The transaction is a natural step after the acquisition of Leden and is in line with HANZA’s strategy to have full ownership of its subsidiaries for optimal operational efficiency.
The purchase price amounts to EUR 1.5 million and is financed through existing cash. In Leden, there is a recognized minority interest of approximately EUR 1.7 million, which means that the acquisition has a minimal positive accounting impact.
Share on:
Testimonial
"Our marketing partnership with I-Connect007 is already delivering. Just a day after our press release went live, we received a direct inquiry about our updated products!"
Rachael Temple - AlltematedSuggested Items
HANZA Acquires Leden
12/13/2024 | HANZAHANZA AB has signed an agreement to acquire Leden Group, a leading Finnish company in advanced mechanics manufacturing with a turnover of approximately SEK 1,1 billion.
OrthoAccel Honors Kimball Electronics–Thailand
09/29/2017 | Kimball ElectronicsOrthoAccel has honored Kimball Electronics–Thailand with the Outstanding Supplier of the Year 2017 award for its outstanding performance in quality and services supporting OrthoAccel.