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Hanza

Hanza

HANZA signs global manufacturing agreement with Epiroc

08:55 / 4 February 2019 Hanza Press release

HANZA Holding AB (publ) has signed a global manufacturing agreement with Epiroc regarding deliveries of assembled mechanics and subsystems to the company's mining equipment. The agreement is multiannual.

"Epiroc has launched an extensive sustainability program to help reduce global environmental impact, HANZA's business model with manufacturing clusters that can produce complete systems reduces transportation and increases resource utilization, helping us in that work," says Martin Karlsson, Global Strategic Sourcing Manager at Epiroc. "HANZA has a very broad offer, which means we can reduce the number of suppliers and instead increase the added value. This provides economies of scale for us as our supplier gets substantial business with a larger overall commitment."

Epiroc is a leading productivity partner for the mining, infrastructure and natural resources industries. The company has a turnover of approximately BSEK31 (2017) and has about 13000 employees (2017).

The new global manufacturing agreement includes assembled mechanics and subsystems for the company's various assembly sites. Implementation commences immediately, and manufacturing will be performed in several of HANZAs sites globally.

"Epiroc is a very interesting customer for us, as our proximity can be combined with competitive manufacturing in different technologies," says Thomas Lindström, Senior Vice President, Head of Business Solutions at HANZA. "Of course, it is also inspiring to be a part of the implementation of their future strategy."

About HANZA:

HANZA modernizes and streamlines the manufacturing industry. We create shorter lead time with more environmentally friendly processes and increase profitability for clients by bringing together different manufacturing technologies locally. Founded in 2008, HANZA today has an annual revenue of 1.8 billion SEK and operates in Sweden, Finland, Estonia, Poland, Czech Republic and China. Among HANZA's clients are leading companies like ABB, Perkin Elmer, Atlas Copco and Kone. For more information visit www.hanza.com 

The shares in HANZA are listed on Nasdaq First North Premier and the companies Certified Adviser is Erik Penser Bank AB (publ), phone no + 46 8 463 83 00, Email: certifiedadviser@penser.se

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