HANZA acquires a Finnish specialist company in machining
HANZA Holding AB (publ), listed on First North, has today acquired Toolfac Oy ("Toolfac"), a high-tech Finnish manufacturer focusing on machining. Toolfac has about 60 employees and an annual turnover of approx. SEK 80 million. The purchase price consists of a cash part, a share part and an additional purchase sum, and is estimated to amount to approx. SEK 34 million. Toolfac will be integrated into HANZA's manufacturing clusters in Finland.Toolfac offers machining with a high degree of robotization and have a specialist expertise in hydraulic and pneumatic components and valve systems.