HANZA AB acquires Finnish manufacturer Leden Group

HANZA AB, a global knowledge-based manufactory company, has signed an agreement to acquire Leden Group, a billion SEK Finnish advanced mechanics manufacturing company.

Leden Group is a contract manufacturer in sheet metal, machining and complex assembly with four production sites in Finland and one in Estonia. The business also includes import, processing and selling of sheet metal and manufacturing of own steel profiles. The company has a strong market position with a diversified customer base from industries such as power management, medical technology, IT infrastructure and industrial automation.

With this acquisition transaction, HANZA is expanding its offering in Finland in particular, but also in the Baltics. Among other things, this means increased capacity and expertise in advanced mechanics manufacturing.

HANZA AB was founded in 2008 and today has an annual turnover of approximately SEK 4.6 billion.

COBALT advises HANZA AB in the transaction as a local counsel in Estonia. Our team is lead by Partners Martin Simovart and Jesse Kivisaari as well as Senior Associate Getter Villmann-Nõgene.