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Haldex and Master Announce Strategic Partnership in Brazil

The two companies have signed a long-term collaboration agreement in which they plan to partner in the manufacturing, sales and technical support of commercial vehicle trailer anti-lock systems for pneumatic brakes (Trailer ABS) for the Brazilian market.

Jay Longbottom to Step Down as CEO of Haldex

Haldex stated the reason for Longbottom’s decision to step down as CEO stems from the challenges of residing in the U.S. while at the same time heading a publicly listed Swedish company.

Haldex Acquires Own Shares

On Feb. 22, Haldex AB owned 376,470 treasury shares.

BorgWarner Finalizes Acquisition of Haldex Traction Systems

BorgWarner expands product portfolio with new technologies to accelerate global growth in all-wheel drive markets.

BorgWarner Acquires Haldex Traction Systems

BorgWarner is acquiring the business for approximately $205 million and the deal is expected to close in the first quarter of 2011.

Haldex Says Reorganization of Businesses Underway

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 Divests Chinese Hydraulics Factory

Haldex will move its production to its modern facilities in Suzhou, Shanghai.

Haldex to Consolidate Manufacturing at Two Production Units in the U.S.

In the coming months, Haldex’s plant in Statesville, N.C., will be closed following the transfer of manufacturing to the company’s plant in Rockford, Ill.

Haldex Merges Air Management and Brake Control Business Units

The two units have strong product-development, production and purchasing synergies, according to Haldex.

Haldex to Divest Garphyttan Wire

Haldex has reached an agreement to sell its automotive wire business to Suzuki Metal.