Haldex AB
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Haldex AB - overview
Location
-, -, Sweden
Primary Industry
Automobiles, Other Vehicles & Parts
About
Haldex AB is a Swedish company that designs and manufactures advanced brake systems and air suspension solutions specifically for heavy vehicles, enhancing safety and performance in the transportation sector. Haldex AB focuses on providing brake and suspension technology for heavy vehicles. Established in Sweden, the company has been operational for over 130 years. It operates with a global presence, with its headquarters located in Landskrona, Sweden.
Haldex has evolved its business strategy over the years to adapt to market demands and technological advancements. The company's founder's background information is not publicly available. Haldex specializes in the manufacturing of advanced brake systems and air suspension solutions designed specifically for heavy vehicles such as trucks, trailers, and buses. Their core product offerings include innovative braking technologies and reliable air suspension systems that enhance vehicle safety, dynamics, and durability.
These products effectively address critical use cases such as improving stopping power, ensuring passenger comfort, and optimizing load distribution for heavy-duty applications. Haldex serves a diverse client base that includes vehicle manufacturers, fleet operators, and aftermarket suppliers across key geographical markets including North America, Europe, and Asia-Pacific. With over 130 years of experience, Haldex has established itself as a provider of technically superior solutions tailored to the needs of the heavy vehicle segment. Haldex generated revenue of USD 553.
30 mn in 2022, with an EBITDA of USD 29. 56 mn. The company primarily derives its revenue through direct sales to manufacturers and distributors in the heavy vehicle sector. The transaction structure typically involves B2B relationships where large-scale orders are placed by vehicle manufacturers and fleet operators, ensuring a steady demand for Haldex's products.
Revenue is derived from the sale of brake systems and air suspension solutions, with significant emphasis placed on their flagship products that lead the industry in innovation and safety performance. Haldex's financial performance is supported by ongoing partnerships and collaborations with automotive manufacturers, contributing to sustained revenue growth in a competitive market. Haldex intends to expand its product portfolio by launching new advanced brake systems and air suspension solutions designed for emerging heavy vehicle models. The company is targeting to introduce these products by the end of 2023.
Additionally, Haldex is planning to expand its market presence into the Asia-Pacific region by 2024 to capture growing demand in that area. The funding received will be utilized to support the development of these new products and to enhance their market entry strategies.
Primary Industry
Automobiles, Other Vehicles & Parts
Sub Industries
Automobiles, Other Vehicles & Parts
Website
www.haldex.com
Verticals
Manufacturing
Total Amount Raised
Subscriber access only
Haldex AB - financials
| Fiscal Year Ended | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 5,057,000,000 | 3,933,000,000 | 3,920,000,000 | 4,380,000,000 | 4,777,000,000 | 4,374,000,000 | 4,462,000,000 | 5,119,000,000 | 5,151,000,000 | 4,007,000,000 | - | - | - |
| % Revenue Growth (YoY) | - | (22.2%) | (0.3%) | 11.7% | 9.1% | (8.4%) | 2.0% | 14.7% | 0.6% | (22.2%) | - | - | - |
| EBITDA (USD) | 2,382,000,000 | 295,000,000 | 291,000,000 | 370,000,000 | 464,000,000 | 340,000,000 | 281,000,000 | 391,000,000 | 342,000,000 | 124,000,000 | - | - | - |
| Operating Income (USD) | 2,200,000,000 | 150,000,000 | 153,000,000 | 233,000,000 | 325,000,000 | 204,000,000 | 149,000,000 | 255,000,000 | 105,000,000 | (100,000,000) | - | - | - |
| Operating Margin | 43.5% | 3.8% | 3.9% | 5.3% | 6.8% | 4.7% | 3.3% | 5.0% | 2.0% | (2.5%) | - | - | - |
| % EBITDA Margin | 47.1% | 7.5% | 7.4% | 8.4% | 9.7% | 7.8% | 6.3% | 7.6% | 6.6% | 3.1% | - | - | - |
| NET Income (USD) | 2,078,000,000 | 49,000,000 | 38,000,000 | 107,000,000 | 191,000,000 | 91,000,000 | 79,000,000 | 153,000,000 | 5,000,000 | (300,000,000) | - | - | - |
| % Net Margin | 41.1% | 1.2% | 1.0% | 2.4% | 4.0% | 2.1% | 1.8% | 3.0% | 0.1% | (7.5%) | - | - | - |
Haldex AB - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | US manufacturing facility of Haldex Brake Products Corporation | - |
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