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Haldex Gets $103M Automatic Brake Adjuster Order

Vehicle parts maker secures five-year order from the German company BPW, Europe’s largest manufacturer of trailer axles.

STOCKHOLM, Sweden —Haldex’s Commercial Vehicle Systems Division has secured a five-year order worth approximately $103 million (SEK 800 M) from the German company BPW (Bergische Achsen), Europe’s largest manufacturer of trailer axles.
 
The order pertains to automatic brake adjusters developed jointly by Haldex and BPW. The brake adjusters, called ECO-Master II, are based on the latest generation of automatic brake adjusters from Haldex. ECO-Master II replaces BPW’s previous generation of proprietarily manufactured automatic brake adjusters.
 
Series deliveries will commence in April 2008.
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