HANZA Holding AB

Acquisition of Toolfac

08/03/2019

We acted as legal advisor to Swedish HANZA Holding AB (publ), listed on First North, in the acquisition of Toolfac Oy.

Toolfac Oy is a high-tech Finnish manufacturer focusing on machining with a high degree of robotisation and have special expertise in hydraulic and pneumatic components as well as valve systems. Toolfac has about 60 employees and an annual turnover of approximately EUR 8 million.

HANZA is a leading company in strategy and manufacturing of high-tech products. Founded in 2008, HANZA has over 1 650 employees, an annual revenue of more than one million SEK and operates in Sweden, Finland, Estonia, Poland, Czech Republic and China. Toolfac Oy will be integrated into Hanza’s Finland cluster.

The Team

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