Holland Group merges with Germany's SAF
Dec 8, 2006 3:39 PM
The Holland Group Inc, Holland MI, and Otto Sauer Achsenfabrik GmbH (SAF), Bessenbach, Germany, have signed a definitive agreement which will result in the merger of the two companies.
SAF is a supplier of integrated axle and suspension systems for trailers while Holland Group is a supplier of coupling, lift, and suspension systems for trucks, tractors, and trailers. The merger is expected to occur by year-end, Holland said.
After the merger, the two companies will be subsidiaries of SAF-Holland Group GmbH headquartered in Bessenbach. The combined product portfolio will be marketed under the Holland and SAF brand names.
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