SAF-HOLLAND strengthens competitive position
SAF-HOLLAND strengthens competitive position
- Optimized processes in the Powered Vehicle Systems Business Unit
- Sustainable support of the Singen location
- Integration in SAF-HOLLAND GmbH
Bessenbach, August 31, 2012 - SAF-HOLLAND is simplifying the organizational
structures of the Powered Vehicle Systems Business Unit. The structural
measures serve to further optimize business processes and at the same time
tap synergies, benefiting the competitive position of SAF-HOLLAND in the
international market. The focus is on changes in relation to the Singen
location in Baden-Württemberg. SAF-HOLLAND GmbH will acquire the assets of
SAF-HOLLAND Verkehrstechnik GmbH and will assume the employment contracts.
SAF-HOLLAND Verkehrstechnik will then be merged with the parent company
Holland Europe GmbH.
The integration process associated with the merger will be completed by the
middle of 2013. It also includes the transfer of the administration and
sales activities from Singen to SAF-HOLLAND GmbH headquarters in
Bessenbach. The Singen location will therefore in future be a branch
focusing primarily on R&D, design and production functions.
'Both locations will benefit from the simplification of the corporate
structures and the centralization of functional areas' says Detlef
Borghardt, CEO of SAF-HOLLAND.In the course of the reclassification, a part
of the Singen workforce will be offered a transfer to Bessenbach.
Essentially nothing is changing for the clients and partners: Existing
contracts will be continued by SAF-HOLLAND with all rights and obligations.
Company Profile:
With sales of approximately EUR 831 million in 2011 and more than 3,000
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 trailer axle systems and suspension systems, coupling devices,
kingpins, and landing legs among other things. SAF-HOLLAND sells its
products on six continents to Original Equipment Manufacturers ('OEM') in
the replacement parts market and, in the aftermarket business, to the OEM's
Original Equipment Suppliers ('OES'), as well as by means of a global
service and distribution network. SAF-HOLLAND also sells its products to
end users and service centers using this network. SAF-HOLLAND has thus
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
Christina Hüttner
Hauptstraße 26
63856 Bessenbach
Phone +49 6095 301-617
christina.huettner@safholland.de
Editor:
SAF-HOLLAND GmbH
Hauptstraße 26
D-63856 Bessenbach
End of Corporate News