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Dubai business successfully started

SAF-HOLLAND S.A.: Dubai business successfully started

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

17.10.2011 / 10:12


SAF-HOLLAND: Dubai business successfully started

- First deliveries from the new subsidiary

- Growth in the Middle East and North Africa accelerated

Luxembourg, October 17, 2011 - Successful start in Dubai: the local subsidiary of SAF-HOLLAND S.A., a leading supplier for the global truck and trailer industry, had already delivered the first parts to customers in the Middle East within a few weeks of being formally founded. Dubai will also supply SAF-HOLLAND replacement parts to North and Central Africa.

'The region of the Middle East and North and Central Africa is an important growth market for SAF-HOLLAND', said Alexander Geis, Head of the Aftermarket Business Unit. 'The quick acceptance of our new location proves that the founding of a subsidiary in Dubai was a step in the right direction with regard to our objective of boosting our international expansion.' SAF-HOLLAND's customers in the region benefit from shorter delivery times, better availability of parts and a simplified order process.

Company Profile:
With sales of approximately EUR 630 million in 2010 and over 2,800 employees, SAF-HOLLAND S.A. 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 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 Group GmbH
Barbara Zanzinger
Hauptstraße 26
63856 Bessenbach

Phone +49 6095 301-617
barbara.zanzinger@safholland.de

End of Corporate News


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142442  17.10.2011

Michael Schickling
Director Investor Relations / Corporate Communications
Tel. +49 (0)6095 301 617

SAF-HOLLAND SE
Hauptstraße 26
D-63856 Bessenbach
Deutschland