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SAF-HOLLAND S.A. new standard fifth wheel supplier to Navistar Inc., USA

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

2016-11-02 / 07:45
The issuer is solely responsible for the content of this announcement.


SAF-HOLLAND new standard fifth wheel supplier to Navistar Inc., USA

Luxembourg, November 02, 2016 - The commercial vehicle supplier SAF-HOLLAND has been named as standard supplier for the North American market by the U.S. truck manufacturer Navistar. As a partner and standard supplier, SAF-HOLLAND will deliver fifth wheels for trucks to Navistar International Trucks.

The lightweight HOLLAND FW17 fifth wheel made of cast-steel will be part of the standard equipment on all Class 8 truck models within Navistar's International(R) LT Series starting in January 2017. The HOLLAND FW17 is one of the lowest weight fifth wheels on the market and is therefore very popular with fleet operators whose key purchase criteria include reducing weight for saving fuel and lowering CO2. SAF-HOLLAND also offers a 5-year/500,000-mile performance guarantee on this product, which is a further testament to the product's superior quality.

With the reference to this position, SAF-HOLLAND expects to generate additional sales in the mid to upper single digit USD million range per year depending on the further development of the North American truck market.

About SAF-HOLLAND:
SAF-HOLLAND S.A., located in Luxembourg, is the largest independent listed supplier to the commercial vehicle market in Europe. With sales of approximately EUR 1,060 million in 2015 and more than 3,100 employees, the company is one of the world's leading manufacturers and suppliers of chassis-related systems and components primarily for trailers, trucks, buses, and recreational vehicles. The product range comprises axle and suspension systems, fifth wheels, kingpins, and landing gear and is marketed under the brands SAF, HOLLAND, and Neway. SAF-HOLLAND sells its products to Original Equipment Manufacturers (OEMs) on six continents. The Group's Aftermarket business sells spare parts to the service networks of Original Equipment Suppliers (OES), as well as to end customers and service centers through its extensive global parts distribution network. SAF-HOLLAND is one of the few suppliers in the truck and trailer industry that is internationally positioned in almost all markets worldwide.




Contact:
SAF-HOLLAND GmbH
Stephan Haas
Hauptstraße 26
63856 Bessenbach

Phone +49 6095 301-617
Stephan.Haas@safholland.de


2016-11-02 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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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, DE000A1HA979,
WKN:A0MU70, A1HA97
Indices:SDAX
Listed:Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
End of NewsDGAP News Service

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