Haldex signs global supply agreement for the Automatic Brake Adjuster

Haldex has signed a Long Term Agreement (LTA) with a global truck manufacturer for the continued global supply of Haldex Automatic Brake Adjuster (ABA) to a total value of SEK 350 m over a five year period.

Haldex has signed a Long Term Agreement (LTA) with a global truck manufacturer for the continued supply of Haldex well recognized Automatic Brake Adjuster (ABA). The now signed LTA is valid for the global supply and is in total worth SEK 350 m over a five year period.

Haldex has since the early 1970’s, as a sole supplier, successfully delivered this truck manufacturer the Automatic Brake Adjuster. An important decision point for the now signed LTA is the superior performance and quality that continuously has been delivered over the years. The contract further strengthens Haldex position as the global market leader within this product range.

Earlier this year Haldex celebrated its supply of the 70 millionth Automatic Brake Adjuster. The Automatic Brake Adjuster has generated jobs for thousands over several decades. Today the product is manufactured in Sweden, U.S., Brazil, India and China serving customers on a regional basis.

For further information, please contact:
Andreas Richter, SVP Sales & Marketing: +46 706 823779
Kristina Brink, Corporate Communications Manager: + 46 705 909140

Haldex (www.haldex.com), headquartered in Landskrona, Sweden, is a provider of proprietary and innovative solutions to the global commercial vehicle industry, with focus on products in vehicles that enhance safety, environment and vehicle dynamics. Haldex is listed on the Nasdaq OMX Stockholm Stock Exchange and had net sales of approx 4 billion SEK in 2011. The number of employees amounts to about 2,350.

Haldex AB (publ) is required to publish the above information under the Swedish Financial Instruments Trading Act. The information was submitted for publication on November 6, 2012 at 8.15 am CET.

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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.

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