-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueIPC APEX EXPO 2024 Pre-show
This month’s issue devotes its pages to a comprehensive preview of the IPC APEX EXPO 2024 event. Whether your role is technical or business, if you're new-to-the-industry or seasoned veteran, you'll find value throughout this program.
Boost Your Sales
Every part of your business can be evaluated as a process, including your sales funnel. Optimizing your selling process requires a coordinated effort between marketing and sales. In this issue, industry experts in marketing and sales offer their best advice on how to boost your sales efforts.
The Cost of Rework
In this issue, we investigate rework's current state of the art. What are the root causes and how are they resolved? What is the financial impact of rework, and is it possible to eliminate it entirely without sacrificing your yields?
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - smt007 Magazine
HANZA and Metalliset Join Forces
September 1, 2015 | Globe NewswireEstimated reading time: 1 minute
The merger between Swedish HANZA and Finnish Metalliset Group has been finalized. The new group will consist of approximately 1,500 people with a turnover exceeding 160 MEUR. The deal is done partly in shares; therefore the resulting company becomes a Finnish-Swedish owned company HANZA Holding AB (publ), listed on Nasdaq First North, is a Swedish, fast growing industrial business partner in manufacturing, with factories in mechanics, electronics, cable harnesses and assembly of complex products. HANZA also offers strategic advice on manufacturing operations, called MIG. HANZA employs about 1 000 people in Sweden, Finland, Central Europe, Estonia and China.
Metalliset Oy is one of Finland’s most successful industrial companies, offering high quality mechanical manufacturing. Metalliset has about 500 employees in Finland, Central Europe, Estonia and China. Its customers are large, well-known Nordic companies.
Today, the deal to merge the business, which was announced earlier this summer, was finalized. The result is one of the market leaders in Northern Europe in manufacturing.
The deal is valued at over 7 MEUR and consists of a cash part and share part, resulting in the previous owners of Metalliset becoming the largest owners of the new HANZA group.
"Metalliset is an extremely well-run business and this deal is an important step for our further development,” said Erik Stenfors, CEO of HANZA. "We see great synergies and the management in Metalliset adds market-leading expertise in mechanics”.
"HANZA's business model with complete manufacturing solutions creates new opportunities for our existing customers,” says Matti Hirvonen, CEO of Metalliset. "Thus we see that this deal provides a continued good future for Metalliset Group."
Suggested Items
NextFlex Announces 2024 Fellows Awards for Five Outstanding Recipients
03/29/2024 | BUSINESS WIRENextFlex, America's Hybrid Electronics Manufacturing Institute, presented the annual NextFlex Fellow Awards to five deserving individuals in recognition of their exceptional commitment to advanced manufacturing and the additive hybrid electronics member community.
NEOTech Promotes Emilio Ramirez to Chief Technology Officer
03/29/2024 | NEOTechNEOTech, a leading provider of electronic manufacturing services (EMS), design engineering, and supply chain solutions in the high-tech industrial, medical device, and aerospace/defense markets, is thrilled to announce the promotion of Emilio Ramirez to the position of Chief Technology Officer (CTO).
MKS’ Atotech, ESI to Participate in IPC APEX EXPO
03/29/2024 | MKS’ AtotechMKS’ Atotech and ESI will participate in this year’s IPC APEX EXPO 2024, the PCB industry’s largest event in North America, to be held in Anaheim, California, to be held from April 6-11 2024 at the Anaheim California Convention Center.
Cogiscan Collaborates with Koh Young to Unveil How Factory Insights Software Transforms Data Into Action at IPC APEX EXPO
03/28/2024 | Koh YoungKoh Young, the industry leader in True3D measurement-based inspection solutions, is excited to announce Factory Insights, the latest offering from Cogiscan, will be demonstrated alongside KSMART in Koh Young booth 2112 during IPC APEX Expo.
ASMC 2024 to Showcase AI, Smart Manufacturing and Sustainability to Advance Chip Industry Manufacturing Expertise
03/27/2024 | SEMIMore than 125 experts will offer insights into the latest semiconductor manufacturing strategies and methodologies as hundreds of industry stakeholders gather at the 35th annual SEMI Advanced Semiconductor Manufacturing Conference (ASMC 2024), May 13-16 in Albany, New York.