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Electronics Production | March 09, 2010

Hanza completes Elektromekan acquisition

Sweden based EMS provider Hanza AB has completed the deal by taking over the reconstructed EMS provider Elektromekan.
The creditors have accepted the composition plan and all activities at Elektromekan's facility in Årjäng, Sweden are rescued. New President of Elektromekan will be Mrs. Gerd Levin-Nygren, former President of Note Torsby.

Elektromekan has 70 employees and 20 MEUR of annual sales. It was previously owned by Latvia based Hanzas Elektronika SIA which has no relation with Hanza AB. Its a coincidence that the names are remarkable similar.

Note to other media. The above information has NOT been provided in any public Press Release. Republishing is strictly forbidden and would lead to prosecution.

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