The Haldex Group, Kansas City, Mo., has agreed to acquire the Anchorlok air brake actuator and Neway suspension control valve businesses from the Holland Group of Holland, Mich.
The acquired businesses 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 combined worldwide sales of the acquired businesses are in the range of $50 million.
Haldex Brake Systems will continue the use of the Anchorlok and Neway brand names for the foreseeable future. The management teams of the two acquired businesses will also join Haldex Brake Systems, and continue to have responsibility for their current operations.
The products complement Haldex Brake Systems' current offering. One important addition is a more complete lineup of brake actuators for disc brakes, popular in Europe and gaining attention in the U.S.
Haldex Acquires Anchorlok And Neway Businesses
The Haldex Group, Kansas City, Mo., has agreed to acquire the Anchorlok air brake actuator and Neway suspension control valve businesses from the Holland Group of Holland, Mich
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