SAF-HOLLAND S.A.: Cooperation with Iveco starts
SAF-HOLLAND S.A. / Key word(s): Alliance 22.09.2010 09:45 --------------------------------------------------------------------------- SAF-HOLLAND S.A., a leading supplier for the global truck and trailer industry, has once again improved sales potential in the replacement parts business: Truck manufacturer IVECO will in the future also distribute SAF-HOLLAND products through its network. As a result, SAF-HOLLAND's market position, particularly in North Africa and Italy, will be improved. As an initial step, original replacement parts, mainly axle systems, will be marketed. Further SAF-HOLLAND products will follow in succession. Rudi Ludwig, CEO of SAF-HOLLAND: 'The replacement parts business provides an important opportunity to leverage growth in sales and improve Group results. Our customers benefit from a high level of availability of our products in as many quality workshops as possible, reducing downtimes. We are confident that we will enter into service cooperations with other manufacturers in the near future.' To date, the Group has already reached agreements with VOLVO Trucks, Scania, Daimler, DAF and MAN. With its Aftermarket Business Unit, SAF-HOLLAND provides manufacturers, dealers and workshops, as well as fleet operators, with replacement parts worldwide. The demand is growing in this area along with the constantly rising demand for axle systems and other components from SAF-HOLLAND. Contact: SAF-HOLLAND Group GmbH Barbara Zanzinger Hauptstraße 26 63856 Bessenbach Phone +49 6095 301-617 barbara.zanzinger@safholland.de 22.09.2010 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: SAF-HOLLAND S.A. 68-70, boulevard de la Pétrusse L-2320 Luxembourg Luxemburg Phone: +49 6095 301 - 0 Fax: +49 6095 301 - 260 E-mail: info@safholland.de Internet: www.safholland.com ISIN: LU0307018795 WKN: A0MU70 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Hamburg, München, Berlin, Düsseldorf, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------