HANZA continues to develop clusters – merger of factories in Estonia


HANZA merges two production units in Estonia as a further step in the company’s
strategy to create modern and efficient manufacturing clusters
In 2015, HANZA Holding AB (publ) acquired the mechanics manufacturer Metalliset.
Through the acquisition, a production unit in Aruküla, Estonia, was obtained.
HANZA has now decided to transfer and merge this unit with the Group's other
operations in Tartu, Estonia, whereby the Group creates a major manufacturing
cluster with approximately 450 employees. Through this, HANZA can undertake even
larger and more complex projects, while continuing to guarantee top class
quality and delivery accuracy.

"The global economy with fluctuating volumes lead to high demands on the
manufacturing sector”, says Erik Stenfors, CEO HANZA. "By developing our
industrial park in Tartu we strengthen HANZA's competitive position. Our
clusters create significant customer value, and thus contribute to a continued
profitable growth of HANZA. "

The decision affects 80 employees in Aruküla and is expected to result in
limited one-time costs, which essentially will be charged during the first half
of 2016. The merger is expected to have a positive effect on the HANZA Group’s
earnings as of the third quarter of 2016.
For more information please contact:
 (per.tjernberg@kullsvik.com)Erik Stenfors, CEO HANZA Holding, Phone: 46 8 624
62 00, email: erik.stenfors@hanza.com
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The information in this press release is such that HANZA must disclose it in
accordance with the Securities Markets Act and/or the Financial Instruments
Trading Act. The information was submitted for publication at 10.30 am (CET),
February 4, 2016. Erik Penser Bankaktiebolag is the company's certified
adviser.

Important information
This press release may contain certain forward-looking statements that reflect
HANZA’s current views of future events and financial and operational
performance. Words such as "intends", "anticipates", "expects", "may", "plan ",
"anticipate" or similar expressions regarding indications or predictions of
future developments or trends, and are not based on historical facts, constitute
forward-looking information. Forward-looking information is inherently
associated with both known and unknown risks and uncertainties because it is
dependent on future events and circumstances. Forward-looking statements are not
guarantees regarding future results or developments and actual results may
differ materially from those set forth in forward-looking information.

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