Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Portfolio
  • Forum
  • Q&A
  • About Us
    • Our Coverage
    • Team
Regulatory press release

HANZA AB: HANZA to implement sustainable manufacturing solution for Mitel

HANZA
Download the release

HANZA has signed a strategic agreement with Mitel Networks Corp, a Canadian telecommunications company, under which HANZA will relocate manufacturing from China to Europe. This relocation of manufacturing is directly in line with Mitel's sustainability goals and will be implemented under the MIG™ concept (Manufacturing Solutions for Increased Growth).

Under the agreement, HANZA will consolidate Mitel's production to HANZA's manufacturing cluster in Sweden in order to optimize the supply chain for flexibility and cost. The relocation closer to end markets will reduce transportation emissions and contribute to a more sustainable and robust supply chain. The estimated annual order value for HANZA amounts to 60 MSEK and includes manufacturing of complete products for Mitel's business communication products.

Mitel, a global leader in business communications, empowers customers with innovative and scalable solutions, including unified communications, advanced contact centers, and versatile cloud communication systems.

"Our partnership with Mitel originates from Orbit One, which HANZA acquired. We are now pleased to expand this cooperation into a strategic partnership that strengthens Mitel's supply chain in Europe," says Mattias Lindhe, SVP and Head of Strategic Projects at HANZA Group.

"We are mindful of the global climate situation, and this new manufacturing solution not only increases flexibility and lowers costs, but it is also in line with our commitment to decarbonize and promoting sustainability throughout our supply chain," says Grant Marshall, SVP of Global Supply Chain at Mitel.

Note
MIG™ (Manufacturing solutions for Increased Growth and earnings) is the trademark for HANZAs advisory service to customers on how to optimize their supply chain.

Find us on social media
  • Inderes Forum
  • Youtube
  • Instagram
  • Facebook
  • X (Twitter)
Get in touch
  • info@inderes.se
  • +46 8 411 43 80
  • Vattugatan 17, 5tr
    111 52 Stockholm
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.