HANZA Signs Three-Year Deal with ABB Worth 25 MSEK Annually

Manufacturing strategist HANZA Holding AB (publ) (“HANZA”) today announced it signed an agreement with ABB Norway. The work will be done from HANZA’s Swedish cluster, which offers machine work, sheet metal, printed circuit boards and assembly. The initial three-year contract is worth about 25 MSEK annually.

“HANZA’s modern cluster approach to manufacturing ensures we support our customs with the latest technology, shortening lead times and helping reduce the environmental impact,” said Dag Furtemark, Cluster Manager Sweden at HANZA. “We look forward to continue supporting ABB.”

The contract consists of manufacturing mechanical parts and systems, and it will be carried out at HANZA’s Swedish cluster for deliver to ABB in Norway.

ABB is a pioneer in technology and drives industrial digitization towards the future. Innovation is primarily in everything ABB does and much of the technology that drives modern society has been developed by ABB. Every day, ABB raises the efficiency, safety and productivity of energy companies, industry, transport and infrastructure around the world. With a history spanning more than 130 years, ABB operates in more than 100 countries and employs approximately 147,000 people.

“We have a close collaboration with HANZA's cluster in Sweden, which has an industry-leading degree of automation in the manufacture of sheet metal,” said Thor-Erik Kristiansen, Purchasing Manager at ABB AS. “This, combined with the proximity to our factory, makes manufacturing both cost-effective and environmentally more sustainable.”

For more information please contact: 
Thomas Lindström, Senior Vice President, Head of Business Solutions, Phone: 46 702 98 39 39, email: thomas.lindstrom@hanza.com

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About HANZA:

HANZA modernizes and streamlines the manufacturing industry. We create shorter lead time with more environmentally friendly processes and increase profitability for clients by bringing together different manufacturing technologies locally. Founded in 2008, HANZA today has an annual revenue of 1.8 billion SEK and operates in Sweden, Finland, Estonia, Poland, Czech Republic and China. Among HANZA’s clients are leading companies like ABB, Epiroc, Getinge, Saab Defense och Siemens. For more information visit www.hanza.com 

The shares in HANZA are listed on Nasdaq Stockholm.

About Us

HANZA is a fast growing industrial business partner within manufacturing. The company increases growth and profitability for its customers by supplying complete manufacturing solutions in mechanics, electronics, cables and final assembly. HANZA was founded in 2008 and has today a turnover exceeding 1.8 BSEK. The Company currently operates in Sweden, Finland, Estonia, Poland, Slovakia and China. Among HANZA’s clients there are leading industrial companies such as ABB, Atlas Copco, Getinge, Saab Defense and Siemens. www.hanza.com

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