Deal Announcement Milectria

Type of deal: Sale of shares

Sector: Electrical systems (defence and industry)

PwC Corporate Finance acted as the exclusive financial advisor to owners of Milectria Oy and Milectria Oü in the sale of the companies to HANZA AB, a Swedish contract manufacturer listed on Nasdaq Stockholm.

Milectria, founded in 2004, is a family-owned business manufacturing electrical systems for demanding military and industrial use-cases. The company operates production sites in Finland (Parola), Estonia (Pärnu) and UAE (Abu Dhabi) and caters a global client base consisting of the leading prime contractors in the defence sector. Milectria’s main products are military grade (NATO) cable and wire harnesses, and electromechanical assemblies and systems used in armoured land vehicles, air applications and weapon systems. Milectria's rapidly growing defence and industrial business generated c. €26 million net sales in 2024 and it employs c. 300 professionals.

The transaction will enable Milectria and HANZA to leverage their joint expertise and scale to meet the growing demand of the defence industry and contribute towards the security of Europe.

Seller: Shareholders of Milectria Oy and Milectria Oü

Buyer: HANZA AB

Deal announcement date: 17 July 2025

PwC’s role: Sellers' exclusive financial advisor