SAF-HOLLAND SE has acquired the remaining 40% stake in Haldex ANAND India Private Limited from its joint venture partner ANAND Group, making the company a wholly owned subsidiary. The transaction, which became effective on April 11, 2025, is part of SAF-HOLLAND’s ongoing strategy to strengthen its position in the Indian commercial vehicle components market.
Haldex ANAND India, established in 1996, manufactures automatic and manual brake adjusters as well as components for pneumatic braking systems used in trucks and trailers. SAF-HOLLAND initially acquired a 60% share in the company through its previous takeover of Haldex.
The full acquisition is intended to support SAF-HOLLAND’s efforts to localize the Haldex product portfolio in India and integrate operations with York, another SAF-HOLLAND subsidiary that supplies axle and suspension systems. The company stated that the expanded collaboration is expected to enhance its sales and distribution capabilities in the region.
“The Indian commercial vehicle market is a strategic growth market for SAF-HOLLAND,” said Alexander Geis, Chairman of the Management Board and CEO of SAF-HOLLAND SE. “Major infrastructure investments, overall economic growth and continued urbanization are driving long-term demand for heavy trucks, construction equipment and trailers. By strengthening the cooperation between our Indian subsidiaries, we can serve our customers even better.”
The purchase price for the 40% stake is in the lower double-digit million-euro range.
SAF-HOLLAND SE is an international manufacturer of chassis-related assemblies and components for trailers, trucks, and buses. The company generated EUR 1.877 billion in revenue in 2024 and employs approximately 5,700 people globally. Its product portfolio includes axle and suspension systems, fifth wheels, coupling systems, and brake and EBS systems. SAF-HOLLAND operates under several brands, including SAF, Holland, Haldex, Assali Stefen, KLL, Neway, Tecma, V.Orlandi, and York.