STOCKHOLM – Haldex and Master Sistemas Automotivos Limitada have confirmed the closing of a long-term collaboration contract. The partnership includes manufacturing, sales and technical support of commercial vehicle trailer anti-lock systems for pneumatic brakes (Trailer ABS).
 
Haldex estimates the total sales resulting from this agreement to amount to more than 300 MSEK during the initial five-year period. New legislation will be introduced in 2013 requiring all new trailers in Brazil to be equipped with ABS systems. The legislation will be fully implemented by 2014. The annual trailer production volume for the Brazilian market amounts to about 60,000 vehicles.
 
Haldex and Master have been cooperating successfully during the period since the letter of intent was signed in December 2011.
 
“The Brazil road conditions require durable, high-quality braking systems with optimal braking performance to improve safety on the roads. The Haldex partnership with Master will provide our customers access to this ABS technology and premium products. Through this partnership we will provide support for the new legislation requirements,” said Paul Bale, Haldex senior vice president, business development. “This is also confirming our decision to restructure our previous three site operations in Brazil to achieve a more efficient cost base with a new modern site in São José dos Campos (close to São Paulo), which was inaugurated in February this year.”