Source: Haldex announcement

LANDSKRONA, Sweden — Haldex has entered an agreement with Schmitz Cargobull, a leading trailer manufacturer in Europe, for the supply of ModulT disc brakes.

The Haldex ModulT program is an innovative air disc brake platform developed specifically to meet increased customer demands on performance, robustness, service up-time, weight and total cost of ownership. The agreement includes the supply of both 22-inch and 19-inch ModulT versions.

The deal is an important milestone to continue to grow in this segment, and further strengthens Haldex already strong market position for air disc brakes for Trailers in Europe.

This is an important and strategic deal for Haldex but based on estimated order value it is not significant in relation to total sales for the Haldex Group.

“We are proud to have extended our partnership with this customer,” said Stephan Kulle, Executive Vice President EMEA. “Supplying the ModulT disc brakes adds a new dimension to our long-standing relationship.”

ABOUT HALDEX

More than 100 years of powerful innovation gives Haldex unsurpassed expertise when it comes to braking systems and air suspension systems for heavy trucks, trailers, and buses. The company lives and breathes its business with the goal to deliver robust and technically superior solutions which is founded in a deep insight in its customer’s reality. Through focusing on its core competences and the passion shared throughout the company, it achieves the agility and flexibility that the market demands. Innovative collaborations are not only the core of its products, but its philosophy. The 2 000 employees, spread out across four continents, challenge the conventional on a daily basis in order to secure that the products it delivers create a unique value for its customers and the end users. The company is listed on Nasdaq Stockholm and has a turnover of approx. 4.6 billion SEK.