There were numerous financial reasons for the failure of successive takeover bids for Swedish truck and bus brake system manufacturer Haldex, by SAF Holland, ZF and Knorr-Bremse reported by Automotive World. But the question of product ‘harmonisation’ also reared its head….
COMMENT: Thwarted Haldex takeovers raise product compatibility issues
BY ALAN BUNTING. Several companies have tried to acquire Haldex, but the reasons why the bids have failed are not just financial