Haldex has inked a new long term agreement (LTA) with a global truck manufacturer to supply its automatic brake adjuster (ABA) globally over a five year period.
The company has signed the agreement with global truck manufacturer for the continued supply of Haldex's Automatic Brake Adjuster.
Additionally, the $52.2m contract is expected to further strengthen Haldex's position within the Automatic Brake Adjuster product range.
The Automatic Brake Adjuster is now manufactured in the countries, including Sweden, US, Brazil, India and China serving customers on a regional basis.
Haldex provides proprietary solutions to the global commercial vehicle industry, with focus on products in vehicles that enhance safety, environment and vehicle dynamics.
