Information from Haldex in relation to the public offer by Knorr-Bremse to the shareholders in Haldex

Knorr-Bremse AG (“Knorr-Bremse”) has today announced a public takeover offer for all shares in Haldex (the “Offer”). Knorr-Bremse is offering SEK 110.00 per Haldex share, which is 10.0 per cent higher than ZF Friedrichshafen AG’s offer of SEK 100.00 per Haldex share.

Knorr-Bremse is one of the world’s leading braking technology companies and globally acknowledged as a competent system supplier in the commercial vehicle and rail industry.

This is the third public offer for Haldex that has been announced since 14 July 2016, which the Haldex Board considers clear evidence of the company’s strong position and successful strategy.

The Haldex Board will evaluate the Offer and announce its opinion on the Offer in accordance with applicable regulations and in good time to provide the shareholders with guidance in relation to the outstanding offers for Haldex.

The Board of Haldex has retained Lazard as financial adviser and Mannheimer Swartling as legal adviser.

For further information, visit http://corporate.haldex.com or contact:

Magnus Johansson, Board member and acting chairman
Phone: +46 706 671812

Catharina Paulcén, SVP Corporate Communications
Phone: +46 418 476157
E-mail: catharina.paulcen@haldex.com

Haldex AB (publ) is required to publish the above information under the EU Market Abuse Regulation. The information was submitted for publication by the Haldex media contact stated in the release on Sep 5, 2016 at 8.30 CEST.

About Haldex

With more than 100 years of intensely focused innovation, Haldex holds unrivaled expertise in brake systems and air suspension systems for heavy trucks, trailers and buses. We live and breathe our business delivering robust, technically superior solutions born from deep insight into our customers’ reality. By concentrating on our core competencies and following our strengths and passions, we combine both the operating speed and flexibility required by the market. Collaborative innovation is not only the essence of our products – it is also our philosophy. Our 2,100 employees, spread on four continents, are constantly challenging the conventional and strive to ensure that the products we deliver create unique value for our customers and all end-users. We are listed on the Nasdaq Stockholm Stock Exchange and have net sales of approximately 4.8 billion SEK.

Tags:

About Us

Haldex develops, manufactures and distributes products for brake and suspension systems for commercialvehicles. Our customers include manufacturers of heavy trucks, buses and trailers, and axle manufacturersfor these types of vehicles. Other applications as agriculture and special vehicles are also served. Theproduct portfolio comprises all of the main components and sub-systems included in a complete brake orsuspension system. Haldex, with headquarters in Landskrona, Sweden, has a global presence in terms of sales, research, development, technical serviceand production. Net sales amounted to approximately 3.9 billion SEK in 2013. Manufacturing takes place inSweden, Germany, Hungary, China, India, Brazil, Mexico and the USA. The company employs 2 135 people.

Subscribe

Documents & Links