DGAP-News: SAF-HOLLAND S.A. / Key word(s): Miscellaneous
SAF-HOLLAND S.A.: Dubai business successfully started
17.10.2011 / 10:12
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SAF-HOLLAND: Dubai business successfully started
- First deliveries from the new subsidiary
- Growth in the Middle East and North Africa accelerated
Luxembourg, October 17, 2011 - Successful start in Dubai: the local
subsidiary of SAF-HOLLAND S.A., a leading supplier for the global truck and
trailer industry, had already delivered the first parts to customers in the
Middle East within a few weeks of being formally founded. Dubai will also
supply SAF-HOLLAND replacement parts to North and Central Africa.
'The region of the Middle East and North and Central Africa is an important
growth market for SAF-HOLLAND', said Alexander Geis, Head of the
Aftermarket Business Unit. 'The quick acceptance of our new location proves
that the founding of a subsidiary in Dubai was a step in the right
direction with regard to our objective of boosting our international
expansion.' SAF-HOLLAND's customers in the region benefit from shorter
delivery times, better availability of parts and a simplified order
process.
Company Profile:
With sales of approximately EUR 630 million in 2010 and over 2,800
employees, SAF-HOLLAND S.A. is one of the world's 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, coupling devices,
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
June 2007 and has been in the SDAX since December 2010.
Contact:
SAF-HOLLAND Group GmbH
Barbara Zanzinger
HauptstraÃe 26
63856 Bessenbach
Phone +49 6095 301-617
barbara.zanzinger@safholland.de
End of Corporate News
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Language: English
Company: SAF-HOLLAND S.A.
68-70, boulevard de la Pétrusse
L-2320 Luxembourg
Grand Duchy of Luxembourg
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
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142442 17.10.2011
DGAP-News: SAF-HOLLAND S.A.: Dubai business successfully started
| Source: EQS Group AG