Haldex Brake Products AB (Sweden)

Haldex acts globally in specific areas of vehicle technology and supplies proprietary products for trucks, cars and industrial vehicles. Focus on systems and products with high technical content for on-road and off-road vehicles.
Develop product range and know-how towards growth niches within vehicle dynamics/motion control.
Systematically implement identified basic principles ("The Haldex way") aiming at achieving world class productivity. Haldex - a company with solid vehicle background.
In 1985, three Swedish companies were grouped together to form a broader vehicle component company:
Garphyttan, which started to supply high quality valve spring wire for engines to the growing American automotive industry in the 1920s. Haldex, which started to supply brake adjusters for trucks & buses in 1968 (originally a subsidiary of SAB which from 1919 produced brake regulators for trains).
Hesselman, which supplied electrohydraulic systems to trucks (originally a business unit within Hesselman Motor AB producing fuel injection systems during the 1930s).
The Haldex brake adjuster business grew steadily, as automatic adjustment became industry standard in Europe and USA. Production was started also in USA 1981. In 1998, Midland-Grau was acquired to form today's SEK 4 billion brake systems business for commercial vehicles.
Acquisitions 1987 of Barnes Corp., USA (founded by a Swedish immigrant to produce hydraulic gear pumps) and 1991 of Vickers' gear pump business, has, together with the Hesselman unit and in combination with organic growth, created today's SEK 1 billion hydraulic business focused on industrial vehicles.
The Garphyttan wire business grew organically. In 1987, production was started also in the U.S., and the SEK 0.7 billion wire business is today a world leader in advanced wire products for engine applications.
In 1992, the patents for a new 4WD concept was acquired and development of a 4WD system started. Serial deliveries to the first customer (VW/Audi) started in 1998. In the first full year 1999 sales reached SEK 195 m. and a technical leadership was established with this first, truly controllable system.
Haldex is a global supplier of proprietary products for trucks, cars and industrial vehicles, with special emphasis on performance and safety. Haldex Brake is a leading innovator and supplier of systems and components for commercial vehicle brakes and suspensions.


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