STOCKHOLM — On July 16, the Haldex Board of Directors announced a proposal to reorganize Haldex divisions into three separate listed companies.
The board now says the internal reorganization process is underway and proceeding according to schedule. Haldex intends to make an update on the progress and costs of the restructuring in conjunction with its third quarter results on Oct. 21.
Haldex, headquartered in Stockholm, Sweden, is a provider of proprietary and innovative solutions to the global vehicle industry, with focus on products in vehicles that enhance safety, environment and vehicle dynamics.
Learn more about Haldex here.