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HANZA Strengthens Cluster Concept Strategy in China
September 5, 2016 | HANZA Holding ABEstimated reading time: Less than a minute
HANZA Holding AB has appointed Marco Gentili as new manager of HANZA China.
"It's a very engaging mission to lead HANZAs business in China," said Gentili, who has an extensive experience of running businesses in China. "The possibilities are numerous and there already exists a good foundation on which the business can be further developed."
HANZA has two production plants outside of Shanghai, China. To further enhance the support to customers in need of local production in China, the management of the plants are coordinated in accordance with HANZA’s cluster concept.
The cluster concept coordinates various manufacturing technologies in geographical areas, which are important to the group’s customers. The cluster concept has been strengthened in Europe and now actions are made in China.
"Rethinking is needed because the manufacturing map has changed," said Erik Stenfors, CEO of HANZA. "In China, production decreases for Europe, while production for the local market increases. We are developing a structure for manufacturing flow in China, which, combined with the Europe manufacturing flow, creates high customer value."
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04/03/2025 | HANZAOn March 3, HANZA completed the acquisition of Leden Group Oy. Part of the purchase price consisted of 2,300,000 newly issued shares in HANZA AB.
HANZA Acquires Outstanding Shares in Leden Subsidiary
03/19/2025 | HANZAOn 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.
HANZA Completes Leden Group Oy Acquisition; Broadens Customer Base and Strengthens Mechanical Expertise
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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.
Strong Demand for HANZA's MIG Advisory Service Driving More Strategic Manufacturing Partnerships
11/29/2024 | HANZAHANZA, 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).