HANZA completes the acquisition of Orbit One
HANZA AB has today, January 4, completed the acquisition of Orbit One AB, one of the Nordic region's leading contract manufacturers of electronics and electromechanics with factories in Sweden and Poland.On December 1, 2023, HANZA signed an agreement to acquire all shares in Orbit One AB. The access was conditional on regulatory approvals, which have now been obtained, which is why the deal has been completed and HANZA has taken possession of the company. Orbit One has an annual turnover of approximately SEK 1.1 billion with an operating profit (EBITA) of approximately SEK 70 million.