Hanza AB (publ) (OM:HANZA) signed an agreement to acquire all shares in Orbit One AB for SEK 458 million on December 1, 2023. The purchase price for the shares depends on the financial statements for November 2023 and is SEK 367 million. In addition, there is an additional purchase price based on the company's performance in 2024, which is SEK 91 million. The acquisition is financed by bank credits and closing is subject to regulatory approvals, which are expected to be received by early January 2024. Pareto Securities AB acted as financial advisor and Advokatfirman Lindahl acted as legal advisor to Hanza AB (publ) (OM:HANZA). Avanza Bank AB (publ) acted as financial advisor and Baker & McKenzie Advokatbyrå KB acted as legal advisor to Orbit One AB.

Hanza AB (publ) (OM:HANZA) completed the acquisition of Orbit One AB on January 4, 2024. The purchase price for 100 percent of the shares in Orbit One amounts preliminarily to SEK 367 million, which has been paid today. However, the purchase price is dependent on the financial statements for November 2023 and a possible adjustment of the amount will be made when the financial statements are adopted. In addition, there is an additional purchase price that begins to be paid only in the event of an improvement in earnings in 2024 compared to 2023.