HANZA acquires Orbit One

The contract manufacturer of electronics and electromechanics Orbit One is acquired by industry colleague HANZA. Orbit One currently operates in two production facilities in Sweden and one in Poland and has a total of approximately 620 employees, of which approximately 65 are engineers. The company has a strong position in the Nordic market for contract manufacturing of electronics and electromechanics with a stable and diversified customer base. Bolaget har en stark position på den nordiska marknaden för kontraktstillverkning av elektronik och elektromekanik med en stabil och diversifierad kundbas.

Orbit One’s board member and co-owner Mats Johansson comments on the deal:
- HANZA is a good and long-term new owner with the strength and ability to continue developing Orbit One. We complement each other in an excellent way and the merger creates one of the Nordic countries’ most compe­titive contract manufacturers. Furthermore, HANZA, just like Orbit One, places great impor­tance on creating a good corporate culture with sustai­nable and healthy values. It has been an important factor in the selection of a new owner.

Orbit One’s CEO Mattias Lindhe comments on the deal:
- HANZA’s unique manufacturing concept together with Orbit One’s leading position in electronics manufacturing is a perfect combi­nation. I will continue within the HANZA Group and together we will be able to develop and expand our opera­tions and become even stronger within our industry. This deal is good for both our customers and our employees.

HANZA CEO Erik Stenfors comments on the deal:
- Orbit One is a respected colleague in the industry that has positioned itself as one of the leading electronics manufacturers in the Nordics. That is why we proudly announce this acqui­sition, which further develops HANZA’s manufacturing cluster in Sweden and Central Europe in a very good way.

Advisor in the acqui­sition
Avanza has acted as financial advisor and Baker McKenzie as legal advisor to Orbit One.
Pareto Securities has acted as financial advisor and Lindahl as legal advisor to Hanza.

For further information, please contact

Share

Latest news