January 8, 2018 / 3:40 PM / 6 months ago

BRIEF-SAF-Holland Expands In China

Jan 8 (Reuters) - SAF HOLLAND SA:

* ‍RECEIVED A MILESTONE ORDER FROM CHINESE TRANSPORTATION VEHICLE AND TRAILER MANUFACTURER CHANGJIU​

* ‍SALES OF AROUND EUR 15 MILLION ARE EXPECTED IN 2018 UNDER THIS AGREEMENT​

* ‍PLANS TO NEARLY TRIPLE ITS SALES IN CHINA TO WELL ABOVE EUR 100 MILLION BY 2020​

* DGAP-NEWS: SAF-HOLLAND S.A.: SAF-HOLLAND EXPANDS IN CHINA: RECEIVES MAJOR ORDER FOR AXLE AND SUSPENSION SYSTEMS AND INVESTS IN NEW PRODUCTION CENTER Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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