Leden Group buys Hero Mechanics
3J Partners Oy acted as financial advisor to the buyer
in a transaction, where Leden Group, a leading Finnish contract manufacturer in the metal industry strengthens its machining services by acquiring Nivala-based Hero Mechanics Oy. Hero Mechanics specialises in machining demanding and complex parts and serves customers in the pharmaceutical, defense and automotive industries. Hero Mechanics’ roots are in Northern Ostrobothnia. The acquisition strengthens Leden Group’s growth strategy, where acquisitions are a key part in the Group’s future growth.
“3J Partners plays a key role in executing this inorganic growth strategy,” comments Jukka Haapalainen, Chief Executive Officer of Leden Group.
At the moment, Leden already offers machining services at its Eletie factory in Sievi and sees demand for these services also in the future.
“We warmly welcome the experts of Hero Mechanics to the Leden family and to be part of our growth story. The acquisition strengthens our strategy and provides our customers with additional capacity in machining services,” says Jukka Haapalainen, Chief Executive Officer of Leden Group.
Leden Group
Leden Group is an international contract manufacturer of metal and electromechanics that acts as a partner in the manufacture of various metal products from complex systems to smaller components. The company is currently investing in a large production facility, and Northern Europe’s most modern contract manufacturing plant will be completed in Oulainen at the end of 2024.
Hero Mechanics
Hero Mechanics specializes in machining complex parts. The company has highly automated equipment specializing in demanding parts, which enables large series and high-quality services. The Nivala-based workshop serves customers in pharmaceutical-, defence- and automotive industries.
Read more:
Leden Group press release: “Leden strengthens its machining services by acquiring Hero Mechanics Oy -the acquisition supports Leden’s growth strategy”
