SAF-HOLLAND S.A. / Miscellaneous 09.06.2009 Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- * Service network is being expanded by more than 1000 spare part distributors * More partnerships planned in the aftermarket business Luxembourg, June 8, 2009 - SAF-HOLLAND S.A. is reinforcing its sales potential in the spare parts business. SAF-HOLLAND, a leading worldwide manufacturer and supplier of premium product systems and components for commercial vehicles (trucks and trailers), is joining forces with the Volvo Truck Corporation in the aftermarket business. As part of this cooperation, Volvo Truck Corporation has started to include SAF-HOLLAND spare parts in its European Truck Shop product range and thus supply service centers across Europe. SAF-HOLLAND spare parts are currently available at service centers in Europe, America, Asia, Africa and Australia. 'We are delighted with this strategically important cooperation because VOLVO truck service centers are an ideal addition to our worldwide service network and a significant part of the expansion of our Aftermarket Business Unit,' commented SAF-HOLLAND Group CEO Dr. Reiner Beutel. The Aftermarket's share of Group sales is planned to increase from 22% to 25% in the medium term and 30% over the long term, thereby further improving SAF-HOLLAND's strong market position. In addition, more partners were added in Europe when agreements with DAF Parts and MAN were concluded in 2008. The Aftermarket Business Unit supplies spare parts for the heavy duty truck business through a comprehensive network of OEM vehicle dealers, independent distributors, service centers and fleet operators. With vigorous sales and marketing activities, the Aftermarket Business Unit has been a stabilizing factor for the Group, as this part of the organization has been less seriously affected by the market downturn than the OEM business for trucks and trailers. SAF-HOLLAND recorded a slight increase in order entry in this segment back in March. In the past, the spare parts business has been an early indicator of further developments in the truck and trailer market. Company Profile: With about EUR 800 million in sales and over 2,000 employees, SAF-HOLLAND S.A. is one of the worldwide leading manufacturers and suppliers of premium product systems and components primarily for trailers as well as trucks, buses and recreational vehicles. The product range encompasses axle and suspension systems, fifth wheels, couplers, kingpins and landing legs. SAF-HOLLAND customers include the majority of large truck and trailer producers all over the world. The products are sold to Original Equipment Manufacturers (OEMs) and Original Equipment Suppliers (OESs) by means of a global service and distribution network and via aftermarket channels directly to the end users and service garages. SAF-HOLLAND has therefore established itself as one of the few manufacturers in its sector that is internationally positioned with an extensive product range and a broad service network. SAF-HOLLAND S.A. has been listed in the Prime Standard of the Frankfurt Stock Exchange since July 2007. DGAP 09.06.2009 --------------------------------------------------------------------------- Language: English Issuer: SAF-HOLLAND S.A. 68-70, boulevard de la Pétrusse L-2320 Luxembourg Luxemburg Phone: +49 6095 301 - 0 Fax: +49 6095 301 - 260 E-mail: info@safholland.de Internet: www.safholland.com ISIN: LU0307018795 WKN: A0MU70 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-News: SAF-HOLLAND S.A.: Strategic Cooperation with Volvo Truck Corporation
| Source: EQS Group AG