HANZA Group

What HANZA Group does

HANZA Group is a Swedish-domiciled, publicly listed (Nasdaq Stockholm: HANZA) contract manufacturing platform founded in 2008 by current CEO Erik Stenfors. The company consolidates six manufacturing technology areas — electronics, sheet metal parts, heavy mechanics, cable harnesses, machining, and assembly — into a single-vendor supply-chain solution offered to industrial OEMs and brand manufacturers. Its core value proposition ('All you need is one / Manufacturing made easy') is to replace complex multi-vendor manufacturing supply chains with one integrated partner, often delivered through regional manufacturing clusters located in rural Nordic and Central European sites (e.g., Årjäng, Töcksfors, Heinävesi, Oulainen, Tartu, Zábřeh).

HANZA operates approximately 30 factories spanning roughly 220,000 m² across nine countries (Sweden, Finland, Estonia, Poland, Czech Republic, Germany, China, the UAE, and Israel), employing around 5,000 people. The group has been built primarily through acquisitions — including Helmut Beyers GmbH (2021), Orbit One AB (2024, SEK 367M), Leden Group (2024), and the largest deal BMK Group (2025, SEK 2.15 billion) which brought certified electronics manufacturing capability for defence and aerospace customers. Most factories hold ISO 9001 and ISO 14001 certifications, selected entities hold ISO 27001, and HANZA is a UN Global Compact participant and Nasdaq ESG Transparency partner.

The business model is B2B contract manufacturing on quote-based, project-specific pricing, with multi-year manufacturing partnerships. Revenue is generated primarily through these manufacturing contracts (managed services) and supplemented by MIG™ Advisory Services, a strategic manufacturing consulting offering led by senior strategy officers. The company pursues direct enterprise sales through country-level business development managers in nine countries, supported by an investor-focused communications function, regular Capital Markets Day events, and CEO-led media engagement. HANZA's prior HANZA 2025 strategy targeted SEK 5 billion in sales by 2025, and the new HANZA 2028 strategic phase was unveiled at its March 2026 Capital Markets Day.

Name

HANZA Group

Legal name

HANZA AB

Website

https://hanza.com

Company type

Public

Founded year

2008

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

HANZA Group is a Swedish publicly listed contract manufacturer serving industrial OEMs with an integrated six-technology platform (electronics, sheet metal, mechanics, cabling, machining, assembly) across 30 factories in nine countries.

Ownership category

akta.pro rank

Headquarters

HQ city

Kista

HQ country

Sweden

HQ region

Europe

Offices28 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Contract Manufacturing Services: HANZA generates revenue primarily through B2B contract manufacturing services across six technology areas (electronics, sheet metal, heavy mechanics, cable harnesses, machining, assembly). Customers engage HANZA on a project/manufacturing services basis, often as multi-year manufacturing partnerships. Pricing is quote-based, not publicly disclosed.
2. MIG Advisory Services: HANZA's MIG™ Advisory Services provide strategic manufacturing consulting to customers, generating service-based revenue from advisory engagements in addition to core manufacturing contracts.
3. Acquisition-Driven Capacity Expansion Revenue: HANZA has grown revenue through M&A, including acquisitions of Orbit One AB (SEK 367M, 2024), Helmut Beyers GmbH (EUR 2.7M, 2021), Leden Group (2024), and BMK Group (SEK 2.15 billion, 2025), integrating their manufacturing revenue streams.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

HANZA Group is a publicly listed Swedish contract manufacturer that delivers integrated manufacturing services across six core technology areas — electronics, sheet metal parts, heavy mechanics, cable harnesses, machining, and assembly — from approximately 30 factories across nine countries. Customers, primarily industrial OEMs and brand owners, engage HANZA as a single supply-chain partner to consolidate multiple production technologies under one contract. Complementary MIG Advisory Services provide strategic manufacturing consulting to clients evaluating footprint, technology mix, and supply-chain optimization.

Product overview

HANZA operates as a unified contract-manufacturing platform organized around six core technology areas — electronics, sheet metal, heavy mechanics, cable harnesses, machining, and assembly — bundled under the "All you need is one / Manufacturing made easy" concept that simplifies customers' supply chains by providing a single point of contact. Complementing the core manufacturing services, MIG Advisory Services provides strategic manufacturing consulting. The platform has been expanded through several acquisitions including HANZA BMK Group (German electronics, defence/aerospace), HANZA Milectria (Estonian cable harnesses), HANZA Electric (Chinese electronics), Orbit One AB, Leden Group, and Helmut Beyers GmbH, extending the offering across Nordic, Central European, and Asian geographies.

Differentiator

Problem solved

Functional benefit

Brands

• MIG Advisory Services (MIG™): HANZA's Manufacturing Improvement Guidance (MIG) advisory service for clients, helping them develop more strategic manufacturing partnerships.

Products and services

• HANZA Contract Manufacturing ("All you need is one") Unified B2B contract manufacturing service bundling six technology areas (electronics, sheet metal, heavy mechanics, cable harnesses, machining, assembly) into a single supply-chain solution for industrial OEMs and brand manufacturers, positioning HANZA as the single point of contact for complex multi-technology production.
• Electronics Manufacturing One of HANZA's six core manufacturing technology areas, providing electronics manufacturing services including PCB assembly and electronic box-build for industrial customers.
• Sheet Metal Manufacturing Sheet metal parts manufacturing services delivered as one of HANZA's six core technology areas for industrial OEM customers.
• Heavy Mechanics Manufacturing Heavy mechanics manufacturing services delivered as one of HANZA's six core technology areas for industrial OEM customers.
• Cable Harness Manufacturing Cable harness manufacturing services delivered as one of HANZA's six core technology areas, including operations via HANZA Milectria in Estonia and Milectria Middle East Cables in the UAE.
• Machining Services Mechanical machining services delivered as one of HANZA's six core technology areas for industrial OEM customers.
• Assembly Services Final assembly services delivered as one of HANZA's six core technology areas, providing box-build and product integration for industrial OEM customers.
• MIG Advisory Services Strategic manufacturing advisory service based on HANZA's MIG™ (Manufacturing Improvement Guidance) methodology, helping industrial clients optimize manufacturing footprint, technology mix, and supply-chain decisions; serves as a complementary consulting offering to core manufacturing contracts.

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators13 records

Recent moves11 records

Expansion highlights6 records

Direct peers

• Note AB: Swedish publicly listed EMS/contract manufacturer with multi-technology offering (electronics, mechanics, assembly) serving industrial OEMs in the Nordics. Most direct comparable to HANZA in geography, customer base, and integrated platform positioning.
• Inission AB: Swedish-based contract manufacturer offering electronics and mechanics manufacturing across Nordic and Central European sites, directly competing with HANZA for industrial OEM customers in the region.
• Kitron ASA: Norwegian EMS listed on Oslo Børs, serving defence, aerospace, energy, and industrial OEM customers across Scandinavia and the US. Directly comparable to HANZA in Nordic EMS profile and growing defence vertical exposure.
• Scanfil plc: Finnish-listed contract manufacturer with electronics and mechanical assembly operations across Europe, North America, and Asia. Direct peer to HANZA in Nordic-based multi-technology contract manufacturing serving industrial OEMs.
• Cicor Technologies: Swiss EMS group with European production sites serving medical, industrial, and aerospace customers. Comparable to HANZA's six-technology integrated platform and growing aerospace/defence exposure via recent acquisitions.
• Katek Group: German-based EMS with electronics manufacturing and mechatronics capabilities serving industrial and renewable energy customers. Direct European peer in similar technology areas and customer profiles to HANZA.
• PartnerTech (private): Swedish-based contract manufacturer of electronics, mechanics, and assemblies serving industrial OEMs across Europe. Direct Nordic peer with comparable integrated contract manufacturing model to HANZA.
• Variosystems: Swiss-based global EMS providing electronics manufacturing services and integrated solutions across Europe, North America, and Asia. Direct comparable in mid-tier European contract manufacturing serving industrial customers.

Broad incumbents

• Plexus Corp: Global US-listed EMS company with extensive operations across North America, Europe, and Asia serving industrial, healthcare, and aerospace/defence OEMs. Larger incumbent with overlapping capabilities but at greater scale and broader geographic reach than HANZA.
• Sanmina Corporation: Global US-listed EMS giant offering integrated manufacturing solutions across multiple technology areas worldwide. Competes with HANZA in industrial and aerospace/defence electronics contract manufacturing at significantly larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/hanzagroup

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries4 records

Funding overview

Funding rounds1 record

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A6 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about HANZA Group