HANZA Completes Acquisition of Remaining Shares in Leden Subsidiary
Deal News | Mar 13, 2025 | PR Newswire Cision HANZA AB
On March 3, 2025, HANZA AB finalized the acquisition of all outstanding shares in Leden Group Oy, securing complete ownership of its subsidiary, Leden Estonia AS. This move aligns with HANZA's strategy to fully own its subsidiaries for better operational synergy. The transaction was completed with a purchase price of EUR 1.5 million, financed through existing cash, and it carries a minimal positive impact on accounting due to Leden's minority interest valued at EUR 1.7 million. The acquisition is seen as a natural progression following the main acquisition and part of HANZA's overarching strategic plan to enhance operational efficiency and consolidate its control over previously partially owned entities.
Sectors
- Manufacturing
- Mergers and Acquisitions
Geography
- Sweden – HANZA AB is a Swedish company, and the acquisition aligns with its strategic operations based in Sweden.
- Finland – The target company, Leden Group Oy, is based in Finland, making this geography relevant to the acquisition.
- Estonia – Leden Estonia AS, the subsidiary involved in the acquisition, operates in Estonia.
Industry
- Manufacturing – HANZA AB operates within the manufacturing sector, providing services such as manufacturing solutions and management of production processes.
- Mergers and Acquisitions – The article details HANZA AB's acquisition of Leden Group Oy, involving an M&A transaction to achieve full ownership of a subsidiary.
Financials
- EUR 1.5 million – The purchase price paid by HANZA AB to acquire the remaining shares in Leden Estonia AS.
- EUR 1.7 million – Recognized minority interest in Leden, impacting the accounting of the acquisition.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| HANZA AB | Bidding Company | Company | A Swedish manufacturing company that provides centralized and integrated manufacturing solutions. |
| Leden Group Oy | Target Company | Company | A Finnish group primarily involved in operations related to its subsidiary, Leden Estonia AS. |
| Leden Estonia AS | Subsidiary | Company | A subsidiary of Leden Group Oy, now fully under HANZA AB's ownership following the completion of the acquisition. |
| Erik Stenfors | CEO | Person | Chief Executive Officer of HANZA AB, overseeing strategic decisions including the acquisition. |
| Lars Åkerblom | CFO | Person | Chief Financial Officer of HANZA AB, involved in managing the financial aspects of the acquisition. |