Holland Group and Otto Sauer Achsenfabrik GmbH Announce Merger - aftermarketNews

Holland Group and Otto Sauer Achsenfabrik GmbH Announce Merger

The Holland Group, Inc. and Otto Sauer Achsenfabrik GmbH (SAF) have announced a merger of the two companies. SAF is a supplier of integrated axle and suspension systems for trailers, with headquarters in Germany. Holland Group is a supplier of coupling, lift and suspension systems for trucks, tractors and trailers, with headquarters in Michigan. Terms of the arrangement were not disclosed. The merger is expected to occur by year-end.

HOLLAND, MI – The Holland Group, Inc. and Otto Sauer Achsenfabrik GmbH (SAF) have announced a merger of the two companies. SAF is a supplier of integrated axle and suspension systems for trailers, with headquarters in Germany. Holland Group is a supplier of coupling, lift and suspension systems for trucks, tractors and trailers, with headquarters in Michigan. Terms of the arrangement were not disclosed. The merger is expected to occur by year-end.

After the merger, the two companies will be subsidiaries of SAF-HOLLAND GROUP GmbH headquartered in Bessenbach, Germany, with combined annual turnover of approximately $975 million. The company will employ 3,000 people worldwide. Its combined product portfolio will be marketed under the Holland and SAF brand names.

For more information about the Holland Group, go to: http://www.thehollandgroupinc.com.

To learn more about SAF, visit: http://saf-achsen.de.

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