Haldex wins order for serial deliveries to a new Disc Brake customer

Haldex wins order for serial deliveries to a new Disc Brake customer The French trailer axle manufacturer SMB has decided to equip their axles with the whole range of Haldex disc brakes. The order is an important break-through on the French market and the annual order value is estimated to more than 40 MSEK. -"We have had a long experience in the past of Haldex automatic brake adjusters for drum brakes", says Mr. Diamedo, General Manager of SMB. "Haldex capacity to respond to our specifications and rapidly develop innovative solutions has been an important factor in our choice of partner". Mr. Diamedo estimates that nearly 40% of the 60,000 axles produced by SMB this year, will be equipped with disc brakes. -"This order from SMB is a very important milestone for Haldex", underlines Mr. Loggert, European Sales Manager for Haldex Brake Systems division. "It is the second substantial contract in a short time and we see this as a further confirmation that Haldex is a valid alternative when it comes to heavy duty disc brakes". SMB is part of the General Trailers group, the largest European trailer and semi-trailer manufacturer with a yearly production of more than 18,000 vehicles. The company has recently made a 60 million francs investment in a new axle factory in Troyes, France. The Haldex Brake Systems division is a major supplier of air brake system products to the global commercial vehicle industry. The product range includes compressors, air valves, air dryers, electronically controlled air management (ECAM), antilock braking systems (ABS), automatic brake adjusters, electronic lining wear sensors, complete air disc brakes, and brake lining for drum and disc brakes. Haldex Group is a global supplier of proprietary products for trucks, cars and industrial vehicles, with special emphasis on performance & safety. The Group is listed on the Stockholm Stock Exchange and has yearly sales of 6 BSEK with 4,150 employees. The Group has sales companies in Europe, North & South America and Asia. Production takes place at 8 factories in Europe, 8 in the U.S. and 1 in India and Brazil. For further information contact Claes Warnander or Lennart Hammargren, phone +46 8 678 72 70. July 4, 2000 ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/07/04/20000704BIT00380/bit0001.doc http://www.bit.se/bitonline/2000/07/04/20000704BIT00380/bit0002.pdf