HANZA receives strategic order from KLE / Tyri Lights
HANZA has signed a production agreement with KLE / Tyri Lights, which will be produced in HANZAs electronics factory in Årjäng, Sweden.
HANZA Holding AB (publ), Sweden's leading business partner in manufacturing solutions, develops the cooperation with industrial company KLE / Tyri Lights through a multi-year agreement with an estimated order value exceeding 30 million SEK annually.
"After a thorough evaluation process, we chose HANZA for our new product line," says Anders Bergman, Sourcing Manager KLE. "The agreement with HANZA gives us a good and flexible manufacturing solution."
HANZAs business model is based on increasing growth and profitability for product owners by providing effective manufacturing solutions.
"KLE is an exciting and successful company that we are proud to build co-operation with," said Thomas Lindstrom, Vice President Sales & Marketing HANZA. "We look forward to contributing to further success for them in the LED technology area."
KLE / Tyri Lights is one of the leading companies in the development and production of LED lighting for industrial vehicles and is represented in more than 40 countries. www.tyrilights.com
For more information please contact:
Thomas Lindström, Vice President Sales & Marketing, Thomas.lindstrom@hanza.com , mob. +46 702 98 39 39
Martin Karlberg, CEO KLE / Tyri Lights, martin.karlberg@kle.se , phone: +46 31 65 93 30
The information in this press release is such that HANZA must disclose it in accordance with the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 07:55 am (CET), August 14, 2014. Avanza Bank AB is the company's certified adviser.
Important information
This press release may contain certain forward-looking statements that reflect HANZA’s current views of future events and financial and operational performance. Words such as "intends", "anticipates", "expects", "may", "plan ", "anticipate" or similar expressions regarding indications or predictions of future developments or trends, and are not based on historical facts, constitute forward-looking information. Forward-looking information is inherently associated with both known and unknown risks and uncertainties because it is dependent on future events and circumstances. Forward-looking statements are not guarantees regarding future results or developments and actual results may differ materially from those set forth in forward-looking information.
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HANZA is a fast growing industrial business partner within manufacturing. The company lowers customer costs by supplying complete manufacturing solutions in mechanics, electronics, cables and final assembly. HANZA was founded in 2008 and has grown into a SEK billion company. The Company currently operates in Sweden, Finland, Estonia, Poland, Slovakia and China. Among HANZA's clients there are leading industrial companies such as Atlas Copco, Ericsson, ABB and Saab Defense. www.hanza.com .
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