Haldex to buy Anchorlok and Neway businesses from Holland
KANSAS CITY, Mo. (Dec. 12, 2001) — The Haldex Group announced plans to buy the Anchorlok air brake actuator and Neway suspension control valve businesses from the Holland Group for an undisclosed amount.
The acquired businesses, which have annual sales of $50 million US, will be integrated into Haldex Brake Systems, a division of the Haldex Group. Haldex Brake Systems designs, manufactures, and markets commercial vehicle brake and suspension control systems and technologies globally.
The acquisition is subject to approval from relevant regulatory authorities.
Haldex said it will continue to use the Anchorlok and Neway brand names and keep the management teams intact.
Have your say
This is a moderated forum. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. (Today's Trucking will not publish or share the email address.) Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.