India, April 17 -- SAF-HOLLAND SE (SFQ.F), a supplier of trailer and truck components, Thursday said it has acquired the outstanding stake of 40% in Haldex ANAND India Private Limited from its joint venture partner ANAND Group effective April 11, 2025.
The company said that the purchase price is in the lower double-digit million-euro range.
Haldex ANAND India Private Limited, established in 1996 and became part of SAF-HOLLAND with 60% of the shares following the HALDEX takeover, is a manufacturer of automatic and manual brake adjusters and products for pneumatic braking systems for trucks and trailers in India.
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