Hanza Acquires Leden Group to Expand Manufacturing Capabilities
Deal News | Dec 20, 2024 | CEE Legal Matters

Hanza, a manufacturing solutions provider founded in 2008, has acquired the Leden Group, a Finnish advanced mechanics manufacturer. The Leden Group is recognized for its capabilities in sheet metal production, machining, complex assemblies, and steel profile production. Its operations are spread across four sites in Finland and one in Estonia. The acquisition aligns with Hanza’s strategy of expanding its manufacturing capabilities and customer base, which includes industries such as power management, medical technology, IT infrastructure, and industrial automation. The transaction was facilitated by Cobalt, with its Estonian team comprising Partners Martin Simovart, Jesse Kivisaari, and Senior Associate Getter Villmann-Nogene. The counsel of the counterparty to the acquisition was not disclosed at the time of publication.
Sectors
- Manufacturing
- Legal Advisory
Geography
- Finland – Leden Group is a Finnish company with multiple production sites in Finland.
- Estonia – Cobalt's team involved in the transaction is based in Estonia and Leden Group has a production site there.
Industry
- Manufacturing – Hanza is a manufacturing solutions provider and Leden Group is involved in advanced mechanics, particularly in sheet metal and complex assembly, placing the article firmly in the manufacturing industry.
- Legal Advisory – Cobalt, an advisory firm, played a crucial role in facilitating the acquisition, representing the legal advisory sector.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
Hanza | Acquirer | Company | Hanza is a manufacturing solutions provider founded in 2008. |
Leden Group | Target Company | Company | Leden Group is a Finnish advanced mechanics manufacturing company. |
Cobalt | Legal Advisor | Company | Cobalt is the legal advisory firm that assisted Hanza in the acquisition. |
Martin Simovart | Partner at Cobalt | Person | Partner at Cobalt's Estonian team. |
Jesse Kivisaari | Partner at Cobalt | Person | Partner at Cobalt's Estonian team. |
Getter Villmann-Nogene | Senior Associate at Cobalt | Person | Senior Associate at Cobalt's Estonian team. |