SAF-HOLLAND S.A.

  • WKN: A0MU70
  • ISIN: LU0307018795
  • Land: Deutschland

Nachricht vom 25.09.2012 | 13:33

SAF-HOLLAND and SAG Motion Group (SAG) launch cooperative operations in Brazil


SAF-HOLLAND S.A. / Key word(s): Contract

25.09.2012 / 13:33

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* SAG and SAF-HOLLAND product synergies increase market opportunities with
OEM Truck and Trailer customers
* Collaborative sales and marketing efforts reduce costs and increase
market penetration potential
* Agreement leverages SAF-HOLLAND's existing market presence and the SAG
commercial vehicle product offering

Bessenbach, Germany, September 25, 2012 - SAF-HOLLAND GmbH has announced an
agreement with SAG Motion Group (SAG) to launch cooperative sales and
marketing operations in Brazil. The management of SAF-HOLLAND and SAG have
recently signed an official cooperation contract outlining joint business
activities in sales and marketing, as well as the sharing of administrative
operations. The installation of a SAG subsidiary, in close proximity to
SAF-HOLLAND do Brasil manufacturing and administrative facilities in
Jaguariúna, São Paulo State, Brazil, will begin immediately. SAG has
already secured contracts to supply OEM aluminum fuel tanks for truck OEMs
in Brazil beginning in 2013.

'The cooperative agreement between SAF-HOLLAND and the Salzburg Aluminum
Group provides an excellent opportunity to take advantage of the possible
product and marketing synergies that exist between the two companies,'
said, Detlef Borghardt, CEO of SAF-HOLLAND, in a recent comment on the
cooperative agreement between the two global companies.

The cooperative agreement has also been designed to lower operational and
administrative costs for the two companies in their efforts to penetrate
the Brazilian marketplace. The agreement leverages SAF-HOLLAND's strong and
growing market presence in Brazil with the introduction of the
complementary line of products provided by SAG. The combination of these
two factors opens the door to opportunities for increased sales and market
share of Truck and Trailers OEM customers in Brazil.

SAG is an international supplier of high-performance aluminum components
and systems for a wide range of industries, including the transportation
industry. The company was established in 1898 and conducts global
operations from central Europe, with locations in Lend and Ranshofen,
Austria, the Netherlands, Sweden, France, Slovakia and Mexico - along with
an extended global network of sales partners.

'There are many things which our brands share,' noted Borghardt, 'from our
corporate traditions, our long histories and reputations for reliability
and quality, as well as the similarities in our corporate cultures.'

 
SAF-HOLLAND, a global leader in the manufacturing of coupling products,
suspension systems and components for the commercial vehicle market can be
traced back for over a century. In 2007, SAF-HOLLAND recognized the
potential of the rapidly expanding South American marketplace and invested
in the development of a manufacturing facility, in Jaguariúna. Additional
investment and expansion saw the beginning of local manufacturing of fifth
wheels in 2011. SAF-HOLLAND do Brasil again expanded this year by opening
new office facilities in Caxias do Sul, to provide additional sales,
service and applications engineering operations, for its customers in
southern Brazil.

'We are delighted to partner with such a strong company (SAG) and have an
opportunity to not only expand our growing market presence in Brazil, but
to grow our interface with customers globally,' said Borghardt.

The official cooperation contract, outlining joint business activities in
sales and marketing as well as the sharing of administrative operations
between SAF-HOLLAND and SAG Motion Group (SAG), was signed by Dr. Karin
Exner-Wöher, CEO SAG Motion, Wilhelm Schnedl, CSO SAG Motion, Detlef
Borghardt, CEO SAF-HOLLAND and Rogerio Ramos, CEO SAF-HOLLAND Brazil on
September 21, 2012.


 SAF-HOLLAND COMPANY PROFILE

With sales of approximately EUR 831 million in 2011 and more than 3,000
employees, SAF-HOLLAND is one of the world's leading manufacturers and
suppliers of premium product systems and components primarily for trailers
as well as trucks, buses and recreational vehicles. The product range
encompasses Trailer axle and suspension systems, fifth wheels, coupling
devices, kingpins, and landing legs. SAF-HOLLAND customers include the
majority of large truck and trailer producers all over the world. The
products are sold to Original Equipment Manufacturers (OEMs) and Original
Equipment Suppliers (OESs) by means of a global service and distribution
network and via aftermarket channels directly to the end users and service
garages. SAF-HOLLAND has therefore established itself as one of the few
manufacturers in its sector that is internationally positioned with an
extensive product range and a broad service network. SAF-HOLLAND S.A. has
been listed in the Prime Standard of the Frankfurt Stock Exchange since
June 2007 and has been in the SDAX since December 2010.


Contact:
SAF-HOLLAND GmbH
Claudia Hoellen
Hauptstraße 26
63856 Bessenbach

Phone +49 6095 301-617
claudia.hoellen@safholland.de


End of Corporate News

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Language:    English                                               
Company:     SAF-HOLLAND S.A.                                      
             68-70, boulevard de la Pétrusse                       
             L-2320 Luxembourg                                     
             Grand Duchy of Luxembourg                             
Phone:       +49 6095 301 - 0                                      
Fax:         +49 6095 301 - 260                                    
E-mail:      info@safholland.de                                    
Internet:    www.safholland.com                                    
ISIN:        LU0307018795                                          
WKN:         A0MU70                                                
Indices:     SDAX                                                  
Listed:      Regulierter Markt in Frankfurt (Prime Standard);      
             Freiverkehr in Berlin, Düsseldorf, Hamburg, München,  
             Stuttgart                                             
 
 
End of News    DGAP News-Service  
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186373 25.09.2012                                                      

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