HANZA makes significant expansion in Sweden –acquires Wermland Mechanics
HANZA Holding AB (publ) ("HANZA") today signed an agreement to acquire Wermland Mechanics Group AB ("Wermech"), one of the Nordic region's leading manufacturers of sheet metal mechanics. Wermech will be part of HANZA's manufacturing cluster in Sweden, which already covers factories within electronics manufacturing and machining. The purchase sum for the shares amounts to maximum SEK 167.5 million."We are pleased to welcome the successful company Wermech to the HANZA Group. The acquisition means continued focus on modernizing and streamlining the manufacturing industry by our cluster concept,