Hanza completes acquisition of five factories from Fortaco

Bitget2026/11/02 14:45

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Hanza completed its acquisition of five factories from Fortaco in Finland, Estonia and Poland, expanding heavy mechanics and complex assembly capabilities.
The initial purchase price is based on an enterprise value of EUR 144 million, adjusted for net debt and normalized working capital.
Total consideration is capped at EUR 200 million, including sales-growth earn-outs for periods ending December 31, 2026, and December 31, 2027.
The acquired operations add approximately 1,300 employees and annual sales of approximately SEK 1.9 billion, with consolidation starting in November 2026.
The acquisition brings the group's workforce to approximately 6,300 employees and annual sales to approximately SEK 12 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hanza AB published the original content used to generate this news brief on November 02, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Hanza completes acquisition of five factories from Fortaco

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