Annual rank49
Sweden · Technology
Hanza
Provides regional contract manufacturing across electronics, sheet-metal mechanics, heavy mechanics, wire harnesses, machining and assembly services.
FY2022–FY2025
FY2022–FY2025
FY2022–FY2025
current context only
Company profile
The factory network behind other companies' products
HANZA is a contract manufacturer: customers retain their brands and markets while HANZA supplies the industrial chain behind the product. Its factories combine electronics, sheet metal, machining, heavy mechanics, wire harnesses and final assembly. The company also helps customers redesign fragmented supply chains before production moves, then places the work in regional clusters of complementary factories close to major customer markets.
Manufacturing platform
Six technologies can become one production chain
Electronics, sheet metal, machining, heavy mechanics, wire harnesses and assembly can be purchased separately or combined. HANZA also offers hardware and software design, prototyping, testing and design-for-manufacturing support. The result can range from a component to a tested, packaged product rather than a succession of unrelated subcontractors.
- Map the six manufacturing technologies Electronics, mechanics, harnesses and assembly in one network
- See how the integrated model works From components and modules to complete products
- Follow a product from design to production Hardware, software, prototypes, testing and industrialisation
- Explore the current group Factory scale, history and the regional-cluster idea
Products in practice
Forklifts, telecom equipment and gas detectors reveal the range
For Mitsubishi Logisnext Europe, HANZA describes transferring more than forty suppliers and final assembly of electric warehouse trucks to its Baltic cluster. It moved a WISI telecom production line into Central Europe and works with SAMON on gas-detection products. Other official cases cover Thermia heat pumps and Njord industrial air-cleaning systems.
- See electric warehouse trucks take shape Supplier consolidation and final assembly for Mitsubishi Logisnext Europe
- Follow a telecom production transfer WISI's line moved into HANZA's Central European cluster
- Meet a gas-detector customer Product-platform cooperation with SAMON
- See sheet-metal work for heat pumps Thermia's product-development and manufacturing relationship
- Follow an industrial air purifier Complete-product manufacturing for Njord Clean Air
Supply-chain redesign
Analyse the chain before moving the machines
HANZA's MIG method begins with a four-to-eight-week analysis of sourcing, production, assembly and logistics, followed by a risk and transfer plan. The Silva case makes that process tangible: after the analysis, production of compasses and headlamps moved from Silva's own Shenzhen factory to HANZA's Suzhou operation. A virtual tour lets customers inspect multiple technologies without travelling between sites.
- Understand the MIG method Four-to-eight-week analysis, risks and transfer planning
- Trace Silva's production move Compasses and headlamps transferred from Shenzhen to Suzhou
- Take the virtual factory tour Multiple countries and technologies in one guided visit
- Find a factory and its capabilities Official directory by geography and technology
Factory footprint
A regional network that can be inspected on screen
HANZA reports thirty factories and about 220,000 square metres of production space. Its founder's account traces the cluster idea back to the company's 2008 beginnings, while the investor page sets out the current strategy. An official group film and a tour through the Tartu sheet-metal plant turn that abstract outsourcing model into visible industrial operations.
- Read the current strategy Investor overview, financial goals and strategic direction
- Hear the founder tell the origin story How the integrated-manufacturing idea developed from 2008
- ▶ VideoWatch HANZA's group journey Official English corporate film on the company and its model
- ▶ VideoFly through the Tartu factory Official drone and production footage from the sheet-metal site
Official profile sources: HANZA Year-end report 2025 - Hanza · MIG Advisory Services - Hanza · About Us - Hanza
Current 2026 update
What is changing at Hanza in 2026?
HANZA is integrating BMK, pruning smaller sites through Horizon and pursuing a conditional Fortaco acquisition that would deepen heavy mechanics and complex assembly.
The change in one sentence
HANZA is integrating BMK, has signed a conditional Fortaco agreement and is redrawing its own factory network.
BMK is improving operationally, Fortaco remains conditional, and Horizon is transferring, divesting and reorganising activities across Europe and China.
Four lenses on 2026
The same four-quadrant format used in the Company profile.
01 · Fortaco perimeter
Five Fortaco factories would deepen heavy mechanics and complex assembly
HANZA agreed to acquire five selected Fortaco facilities: two in Finland, one in Estonia and two in Poland. The operations machine, weld, assemble and test larger mechanical systems and would add about 1,300 employees and EUR 170 million of annual revenue. Fortaco retains its vehicle-cabin business, which will be separated before closing. HANZA says its existing customers would gain heavy-mechanics capacity, while the acquired customers would gain access to electronics, cable harnesses, machining and assembly. Expected Q4 closing still requires regulatory and competition approvals plus agreement with certain Fortaco financial stakeholders.
- Current signal5 facilities · c. 1,300 employees · c. EUR 170m annual revenue · conditional Q4 closing
- Why it mattersThe proposed perimeter would broaden HANZA's European manufacturing mix, but none of the facilities belongs in the current 30-factory footprint before closing.
- Fortaco agreement and perimeter HANZA · 15 July 2026
02 · Horizon footprint
Horizon moves work, transfers two Finnish sites and closes Chinese manufacturing
HANZA moved some work from Nivala and Sievi to its larger Oulainen plant; the remaining Nivala and Sievi operations, covering about 100 people and EUR 10 million of annual revenue, are to pass to local management through a management buyout. Gateway China manufacturing, about 60 people and EUR 5 million of annual revenue, is due to close by end-2026, while strategic sourcing in China continues. The 10 and 14 July releases announced one-off costs of about EUR 2.5 million for Finland and EUR 2 million for China, both expected in Q2; the 21 July H1 release later reported Horizon staff-reduction and wind-down items without restating those exact amounts.
- Current signalFinland MBO c. 100 people/EUR 10m revenue · China manufacturing closure c. 60 people/EUR 5m · sourcing retained
- Why it mattersHorizon is concentrating production in larger units while preserving selected capabilities; the MBO leaves HANZA ownership and the China decision is not a full country exit.
- Horizon Finland transfer and MBO HANZA · 10 July 2026
- Gateway China manufacturing closure HANZA · 14 July 2026
03 · Integration and regions
BMK improves while HANZA redraws how the group is managed
HANZA says the BMK integration is proceeding to plan: BMK's operating margin rose from 7.3% in Q1 to 7.5% in Q2 and order intake increased. At group level, H1 sales rose 84%, or 14% after currency and acquisition adjustments; the H1 comparable-unit margin was 9.6%. In parallel, Central Europe will split into Poland and Czech Republic clusters, and factories will be grouped into North, Center and East regions. The reorganisation rolls out gradually in 2026; the new segment reporting begins on 1 January 2027.
- Current signalBMK margin 7.3%→7.5% · H1 reported growth +84%, adjusted +14% · three-region reporting from 2027
- Why it mattersThe operating evidence shows one acquisition moving into integration while Horizon changes management and reporting; Q2 reported margin still reflected staff-reduction and wind-down costs.
- H1 BMK, growth and Horizon costs HANZA · 21 July 2026
- Three-region organization HANZA · 15 July 2026
04 · What to watch
Three questions for the next disclosures
The next disclosures should separate a signed acquisition from a closed perimeter, physical site changes from continuing capabilities and integration progress from restructuring costs.
- Fortaco closingDo all regulatory and stakeholder conditions clear in Q4, and does the defined five-facility perimeter close on the announced terms after the vehicle-cabin separation?
- Horizon executionDo the Finnish MBO, China manufacturing closure and three-region reorganisation occur on the stated timetable while sourcing and transferred work continue?
- BMK and reported profitDoes BMK keep improving, and do the one-off Horizon costs cease so reported and comparable-unit margins converge?
Annual record
Ranking history
Future editions add rows; they do not rewrite the 2026 record.
| Edition | Measurement period | Rank | Revenue growth | Net-income growth | Stock return |
|---|---|---|---|---|---|
| 2026 | FY2022–FY2025 | 49 | +75% | +110% | +159% |