SAF-HOLLAND Takes Full Control of Haldex India to Drive Expansion in Commercial Vehicle Sector

SAF-HOLLAND Takes Full Control of Haldex India to Drive Expansion in Commercial Vehicle Sector

(IN BRIEF) SAF-HOLLAND SE has acquired the remaining 40% stake in Haldex ANAND India from its joint venture partner ANAND Group, securing full ownership of the brake systems manufacturer. The move is part of SAF-HOLLAND’s drive2030 growth strategy and aims to bolster the company’s position in the Indian commercial vehicle market. The acquisition will simplify the localization of the Haldex product portfolio and deepen collaboration with York, another SAF-HOLLAND subsidiary, to enhance sales and distribution in India. With strong demand expected from continued urbanization and infrastructure investments, the company sees India as a key growth market. The purchase price falls in the lower double-digit million-euro range.

(PRESS RELEASE) BESSENBACH, 17-Apr-2025 — /EuropaWire/ — SAF-HOLLAND SE, a global leader in trailer and truck components, has acquired the remaining 40% stake in Haldex ANAND India Private Limited from its joint venture partner ANAND Group, effective April 11, 2025. The move grants SAF-HOLLAND full ownership of Haldex India, a long-established manufacturer of brake adjusters and pneumatic brake system components for commercial vehicles in India.

This acquisition is a strategic milestone in SAF-HOLLAND’s drive2030 initiative, which aims to strengthen its presence in high-growth regions and expand its portfolio across key markets. Haldex India, originally established in 1996, became a majority-owned subsidiary of SAF-HOLLAND following the acquisition of HALDEX. With this latest transaction, SAF-HOLLAND will now fully control operations, allowing for more streamlined decision-making and closer alignment with the Group’s strategic goals in the region.

“The Indian commercial vehicle sector is a critical growth pillar for SAF-HOLLAND,” said Alexander Geis, Chairman of the Management Board and CEO of SAF-HOLLAND SE. “Rapid urbanization, major infrastructure investments, and growing economic activity are driving long-term demand for trucks, trailers, and construction vehicles. Full ownership of Haldex India enables us to respond more dynamically to market demands, while optimizing both OEM and aftermarket offerings.”

The integration will also deepen cooperation with York Transport Equipment, the SAF-HOLLAND subsidiary acquired in 2018 and a leading supplier of trailer axles and suspension systems in India. The expanded collaboration aims to leverage shared sales and distribution networks while enabling more efficient localization of Haldex products.

The acquisition supports SAF-HOLLAND’s ambitions to increase market share in India and complements its long-term strategy of becoming a one-stop-shop for commercial vehicle technology solutions globally. The transaction value is in the low double-digit million-euro range.

About SAF-HOLLAND

SAF-HOLLAND SE is a leading international manufacturer of chassis-related assemblies and components for trailers, trucks and buses. An average of around 5,700 dedicated employees worldwide generated sales of EUR 1,877 million in 2024.

The product range includes axle and suspension systems for trailers as well as fifth wheels and coupling systems for trucks, trailers, and semi-trailers as well as brake and EBS systems. In addition, SAF-HOLLAND also develops innovative products to increase the efficiency, safety, and environmental friendliness of commercial vehicles. With the brands SAF, Holland, Haldex, Assali Stefen, KLL, Neway, Tecma, V.Orlandi and York, the Group achieved strong market positions in the top three positions in the most important regions worldwide in 2024.

SAF-HOLLAND supplies manufacturers in the original equipment market on six continents. In the aftermarket business, the Company supplies spare parts to manufacturers’ service networks and wholesalers as well as to end customers and service centers via an extensive global distribution network.

SAF-HOLLAND SE is listed in the Prime Standard of the Frankfurt Stock Exchange and is included in the SDAX (ISIN: DE000SAFH001). Further information is available at www.safholland.com.

Media Contact:

Dana Unger
VP Investor Relations Corporate & ESG Communication
Phone +49 6095 301-949
ir@safholland.de

SOURCE: SAF-HOLLAND SE