SAF-Holland, Volvo partner for European aftermarket business

SAF-Holland S.A. announced it entered into a partnership with Volvo Truck Corp. to supply its products through the truck manufacturer’s more than 1,000 European parts distributors.

“We are delighted with this strategically important cooperation because Volvo truck service centers are an ideal addition to our worldwide service network and a significant part of the expansion of our Aftermarket Business Unit,” said SAF-Holland Group CEO Dr. Reiner Beutel.

The Aftermarket’s share of group sales is planned to increase from 22 to 25 percent in the medium term and 30 percent over the long term, according to the announcement. In addition, more partners were added in Europe when agreements with DAF Parts and MAN were concluded in 2008.

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