Haldex AB
Company Profile
Business Overview
-The Company is a leading supplier of sustainable brake systems and air suspension solutions for commercial vehicles. Its customer are mainly large manufacturers of trucks, buses and trailers in the Americas, Europe and Asia.
-The Company operates in two main product areas:
- Foundation brake: focuses on wheel-end braking products such as disc brakes, brake adjusters, and actuators.
- Air controls: consists of products that improve the safety and driving dynamics of the brake system, such as compressed air dryers, anti-lock braking systems (ABS) and electronic brake systems (EBS).
-The Company became a product brand of SAF-HOLLAND on February 21, 2023.
Competitors
Shareholders
-From March 2023, SAF Holland SE owns 100% shares of Haldex. Haldex delisted from Nasdaq Stockholm in September 2022.
Products
ABA - Automatic Brake Adjuster
-Automatic brake adjusters
-Self-setting automatic brake adjuster
-Manual brake adjusters
ABS - Anti-lock Brake Systems
-Anti-lock braking system - Trailer
-Anti-lock braking system - Truck/Tractor/Bus
Actuators
Air disc brakes
Air dryers/Air lines
-Air dryers
-Condensers/Separators
-Automatic drain valves
-Alcohol evaporators
-Air line tubing
-Hose assemblies
-Air line fittings
-Reservoirs
Air treatment systems
Air wiper motors
-Air control valves
Camshafts/Bushing kits
-Drive axle camshafts
-Steer axle camshafts
-Trailer axle camshafts
-Bushing kits
Clutches
Compressors
Electrical
-Alternators
-Backup alarms
-Battery hardware
-Battery jumper cables and ground straps
-Battery terminals
-Breakaway Kits
-Bulk Trailer Cables
-Buzzer Assemblies
-Cable assemblies
-Circuit breaker and bracket assemblies
-Connectors
-Dash Fans
-Electro-pneumatic switches
-Electronic trailer controls
-Interline Nosebox Assemblies
-Junction boxes
-Parallel switches
-Parallel wires
-Plugs and receptacles
-Primary wires
-Shrink tubing
-Solenoids
-Split loom tube
-Battery/Starter cables
-Starters
-Switches
-Terminals
-Terminal cleaner
-Tie straps
Fan clutches
Friction/Brake hardware
-Air/single web
-Air/double web and cast
-Hydraulic brakes
-Brake hardware kits
Hydraulic brake calipers
Monroe shock absorbers
Power steering gears and pumps
Suspension controls
-Height control valve
-Valves
-Air control kits
Vacuum/Hydraulic
-Pressure converters
-Hydraulic
Valves
-Relay valves
-Hand control valves
-Hydraulic brake valves
-Foot control valves
-Check valves
-Air regulating valves
-Pressure protection valves
-Pressure Relief Valves
-Quick release valves
-Inversion valves
-Drain valves
-Solenoid and isolation air valves
-Tractor ABS valves
-Trailer valves
-Emergency relay valves
-Miscellaneous valves
-TPMS - Tire Pressure Monitoring Systems
Water pumps
Air controls
-EBS
-Parking brake control
-Raising and lowering
-Lift axle control system
Electromechanical brake system
History
1960 | The Company was listed on the Stockholm stock exchange. |
1984 | The Company changed its name to Garphttan Hasselman AB in January 1984, upon acquisition and merger of Hasselman AB. |
Feb. 1987 | Present name was adopted. |
Dec. 1988 | The Company acquired Nacov Hydraulic Systems AB. |
Jan. 1989 | The Company's wire-producing operations located in Garphyttan, were organized in a separate company under the name of Garphyttan Wire AB (formerly Hassellman AB). |
Aug. 1989 | The Company acquired Schabmuller GmbH, Germany. |
Jan. 1990 | The Company's electro hydraulic manufacturing in Sweden, was organized in a separate company under the name of Garphyttan Hasselman AB. |
Nov. 1990 | The Company acquired the international gear pump operations of Vickers with production facilities in Hof, Germany and in Statesville, North Carolina, the United States. |
1991 | The Company sold its Taximeter operations. |
1992 | The Company discontinued its odometer product line, due to a change in tax regulations for diesel-powered vehicles. |
1993 | Investor AB sold its 19.4% shareholding in the Company. |
Feb. 1998 | The Company acquired Midland-Grau Heavy Duty System. |
Sep. 2001 | Haldex Hydraulic Systems acquired all patents and other assets from the Canadian R&D company Micro Hydraulics Inc. |
Oct. 2001 | The Company acquired the business of the Italian agent PAGG srl with yearly sales of SEK 60m to strengthen its presence in the Italian vehicle market. |
Dec. 2001 | The Company signed a purchase agreement to acquire two business units from the Holland Group, Michigan, USA. One unit encompasses the air brake actuator product line with the Anchorlok brand name and production in Mexico. The other unit consists of a range of suspension control valve products with the Neway brand name and production in USA. |
Jun. 2009 | The Company divested the Garphyttan Wire division to Suzuki Metal Industry Co, a Japanese manufacturer of steel wire products on June 1, 2009. |
Jan. 2011 | The Company sold the Traction Systems division to BorgWarner. |
Jun. 2011 | The Company spun off the Hydraulic Systems division and established Concentric AB. |
Feb. 2015 | The Company‘s R&D center at the MIRA Technology Park officially opened. |
May. 2016 | The Company and VIE announce joint venture to develop electromechanical brake systems. |
Apr. 2021 | The Company and FAST Group announced a joint venture (JV) company to produce and sell ADB (Air Disc Brakes) including aftersales services for truck and bus with primary focus on the China market. |
Jun. 2022 | SAF-HOLLAND announced a public cash offer to Haldex’s shareholders to transfer their shares in Haldex to SAF-HOLLAND. After completion of the offer, SAF-HOLLAND will become the owner of more than 90 percent of the total number of shares in Haldex. |
Sep. 2022 | The Company is delisted from Nasdaq Stockholm. |
Mar. 2023 | SAF Holland SE holds 100% shares of Haldex. |
Supplemental Information 1
>>>Business Report FY ended Dec. 31, 2006
>>>Business Report FY ended Dec. 31, 2007
>>>Business Report FY ended Dec. 31, 2008
>>>Business Report FY ended Dec. 31, 2009
>>>Business Report FY ended Dec. 31, 2010
>>>Business Report FY ended Dec. 31, 2011
>>>Business Report FY ended Dec. 31, 2012
>>>Business Report FY ended Dec. 31, 2013
>>>Business Report FY ended Dec. 31, 2014
Note: A figure in brackets ( ) indicates a loss