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Industry Focus
Knorr-Bremse Closing In On Haldex Acquisition
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The Haldex Board of Directors has
cleared the way for the company to be
acquired by Knorr-Bremse AG and rec-
ommended the more than half a billion-
dollar transaction proceed.
Knorr-Bremse is the parent company
of Bendix Commercial Vehicle Systems
"We appreciate that the Haldex Board
has highlighted the attractiveness and the
superior economics of our offer to share-
holders," says Klaus Deller, Chairman of
the Executive Board of Knorr-Bremse
AG. "We are convinced that the combi-
nation of Knorr-Bremse and Haldex will
benefi t Haldex' employees and customers
alike. Combining competencies in the
fi eld of trucks and trailers has a compel-
ling industrial logic as we expand our
position as one of the leading systems
suppliers in the industry."
