Haldex (company)

Haldex AB
Public company - AB (Nasdaq Stockholm: HLDX)
Industry Commercial Vehicle industry
Headquarters Landskrona, Sweden
Number of locations
23 production locations, inc:
Sweden, Germany, Hungary, United Kingdom, United States, Mexico, India, China (2008)[1][2]
Area served
Worldwide
Key people
[3] Bo Annvik President and CEO,
Göran Carlson Chairman of the board
Products Brake components,
hydraulic components,
4WD limited slip couplings
Revenue Increase SEK 8,403 m (2008)[1]
Decrease SEK 250 m (2008)[1]
Profit Decrease SEK 43 m (2008)[1]
Total assets SEK 6,290  m (2008)[1]
Total equity SEK 1,823  m (2008)[1]
Number of employees
  • Decrease 2,140 (2015)[4]
  • Increase 4,700 (2008)[1]
Divisions Commercial Vehicle Systems: Haldex Brake Products Corp.,
Garphyttan Wire: Haldex Garphyttan AB,
Hydraulic Systems: Haldex Hydraulics Corp.,
Website Haldex.com

Haldex AB (originally Halda Fickurfabrik AB, then AB Halda Fabriker, and later Fabriks AB[5]), also known as Haldex Group, is a Swedish public company operating in the commercial vehicle industry. It is listed on the OMX Stockholm Stock Exchange (Mid Cap), and has an annual turnover of around 8,5 bn SEK.

Concentrating core activities in vehicle dynamics, the environment and safety, Haldex business operations are split into three divisions: Commercial Vehicle Systems, Hydraulic Systems, and its smallest division - Traction Systems - which is also known as Haldex Traction, and produces limited slip couplings for "on-demand" four-wheel drive systems.

Products are primarily brake systems,[4] technology for diesel engines, i.e. pumps and technology for reducing emissions of exhaust gases from engines, hydraulic systems and all-wheel-drive systems for passenger cars.

History

Haldex started out in 1887 by building clocks, typing machines, and taximeters.[6]

The company made two acquisitions in the United States since the late 1990's, Midland-Grau in 1998 and Neway/Anchorlok in 2002.[4]

Divisions

Haldex operates in the commercial vehicle sector;[4] specifically heavy trucks, trailers, and buses.

Haldex Production plants

The Haldex Landskrona plant

Haldex has production plants in the following countries:[7]

Australia?

See also

References

  1. 1 2 3 4 5 6 7 Haldex Annual Report 2008
  2. Haldex expands in Mexico
  3. Haldex Management
  4. 1 2 3 4 Maudes Capital (24 September 2016). "Haldex AB Bidding War. Get It While You Can!". Seeking Alpha. Retrieved 24 September 2016.
  5. Sven Sandström et al., Halda - en svensk fickurfabrik, 1987
  6. Haldex-History URL visited on 17 November 2013
  7. Haldex Annual Report 2008 - list if production plants

External links

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