SAF-Holland SA

SAF-Holland SA

SAF-Holland SA

Overview
Date Founded

2005

Headquarters

68-70, boulevard de la Pétrusse,Luxembourg 2320

Type of Company

Public

Employees (Worldwide)

3,566

Industries

Auto Parts & Tires
Wholesale: Industrial Products & Manufacturing

Company Description

SAF-HOLLAND SA engages in the manufacture and supply of systems and components for commercial, public, and recreational vehicles. It operates through the following segments: EMEA/India, Americas, and APAC/China. The EMEA/India segment includes manufacture and sale of axles and suspension systems for trailers and semi-trailers as well as fifth wheels for heavy trucks. It also provides spare parts for the trailer and commercial vehicle industry. The Americas segment manufactures and sells key components for the semi-trailer, trailer, truck, bus and recreational vehicle industries. It also provides spare parts for the trailer and commercial vehicle industry, axle and suspension systems, fifth wheels, kingpins and landing legs as well as coupling devices. The APAC/China segment manufactures and sale of axle and suspension systems for buses, trailers and semi-trailers. The company was founded on December 21, 2005 and is headquartered in Luxembourg.

Executives & Employees

Chief Executive Officer & Executive Director

Chief Financial Officer

President Region China

President Region Americas

President Region EMEA

Vice Chairman

Managing Director

Vice President Investor Relations/Corporate Communications

Manager Investor Relations/Corporate PR

Manager Investor Relations/Corporate Communications

Board of Directors

Former Chief Executive Officer & Director at Chassis Brakes International BV

Chief Restructuring Officer at Schaltbau Holding AG

Chief Executive Officer & Executive Director at SAF-Holland SA

President at Saf-Holland, Inc.

Head-Projects at Arnold AG

Paths to SAF-Holland SA
Potential Connections via
Relationship Science
You
SAF-Holland SA
Owners & Shareholders
Details Hidden

Mensarius is an active, long-only, high conviction manager which aims to create wealth for clients, with an emphasis on preserving capital. They focus on finding value in the European equity market, seeking dynamic companies that are significantly undervalued to their intrinsic value and which possess a risk profile with which they are comfortable.The firm's research-intensive process is rooted in the investment approach of Graham and Dodd, but is uniquely based on EVA's experience and personalities. They construct benchmark-agnostic portfolios, investing in companies only if there is a very strong conviction about their value based on earning power, which is the primary factor they use to identify an undervalued company. They only invest in businesses undervalued by 40%-50% from what they believe it to be worth. This is their margin of safety and is central to their risk control process.Mensarius makes investment decisions based on a seven-step due diligence process, which considers the elements that define earning power. The steps are similar to the approach of a private equity investor, but are dependent on their own analysis of readily available public information. They seek to exploit business opportunities across market caps and sectors.Their analysis is deeply rooted in their belief that risk relates to company fundamentals and not merely the price at which the stock is being bought or sold in the market. Only after they identify and understand risk do they begin to evaluate the return potential. They put cash to work only when convinced that the long-term investment case is a better alternative than the cash position.Mensarius typically holds investments four to five years because they believe this is generally the time for the stock market to close the valuation gap between the price they paid and what they believe the company is worth.

Details Hidden

Kempen is an active, GARP-oriented manager which specializes in niche markets and invests in European equity, fixed-income and real estate securities, focusing on the Dutch and UK markets. They also invest in government bonds and listed real estate.The firm specializes in a select group of niches that can deliver outstanding results for clients including European and Dutch small- and mid-caps, high dividend shares, European real estate, fixed-income, and fund-of-hedge funds. Their investment process is bottom-up and based on research generated in-house by focused specialist teams, complemented with research shared with fellow subsidiaries.For European small and midcaps, Kempen follows a team approach. Each team member is responsible for a particular European country or region, focusing on the long-term fundamentals of the business and identifying valuation anomalies that they can exploit. They discuss recommendations as a team, and construct concentrated portfolios of a limited number of high conviction companies.For Dutch small- and mid-caps, the firm conducts in-house research, resulting in company scores and price targets for companies. They are engaged shareholders and construct a concentrated portfolio of 10 to 25 shares. They regularly visit companies, their competitors and customers and maintain a continuous dialogue to help improve performance.For hedge funds, the Kempen investment committee identifies funds with an attractive investment strategy and a competent investment team to construct a portfolio of hedge funds.

Details Hidden

Discover Capital is a small- and mid-cap specialist. The firm follows a value-oriented investment approach backed by outsourced and in-house fundamental research, and pays limited attention to indexes. They aim to identify under-researched companies which are significantly undervalued, and focus on German-speaking countries. They particularly target companies in the process of restructuring, and companies whose reputation in the market is compromised without just cause.

Recent Transactions
Details Hidden

SAF-Holland SA, SAF-HOLLAND GmbH purchase York Transport Equipment (Asia) Pte Ltd. from TRF Ltd.

Details Hidden

SAF-Holland SA purchases KLL Equipamentos Para Transporte Ltda.

Details Hidden

GenNx360 Capital Partners, Salford Farm Machinery Ltd. purchase SAF-HOLLAND (Canada) Ltd/Aerway Product Line from SAF-Holland SA

Transaction Advisors
Auditor

Advised onSAF-Holland SA issued Ordinary Shares

Legal Advisor

Advised onSAF-Holland SA issued Ordinary Shares

Legal Advisor

Advised onSAF-Holland SA issued Ordinary Shares

Clients

FedEx Corporation provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $43 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its more than 300,000 team members to remain "absolutely, positively" focused on safety, the highest ethical and professional standards and the needs of their customers and communities.

Navistar International Corp. is a holding company, which engages in the manufacture of military truck, proprietary diesel engines, school and commercial buses, and service parts for trucks and diesel engines. It also offers retail, wholesale, and lease financing services for trucks and parts. It operates through the following segments: Truck, Parts, Global Operations, and Financial Services. The Truck segment manufactures and distributes Class 4 through 8 trucks, buses, and military vehicles under the International and IC brands, along with production of proprietary engines, primarily in the North America markets. The Parts segment provides customers with proprietary products together with a wide selection of other standard truck, trailer, and engine service parts. The Global Operations segment consists of the operations of its wholly-owned subsidiary, IIAA, which manufactures and distributes mid-range diesel engines and provides customers with additional engine offerings in the agriculture, marine, and light truck markets. The Financial Service segment provides and manages retail, wholesale, and lease financing of products sold by the Truck and Parts segments and their dealers. It also finance wholesale and retail accounts receivable. The company was founded in 1902 and is headquartered in Lisle, IL.

Berkshire Hathaway, Inc. engages in the provision of property and casualty insurance and reinsurance, utilities and energy, freight rail transportation, finance, manufacturing, retailing, and services. It operates through following segments: GEICO, General Re, Berkshire Hathaway Reinsurance Group, Berkshire Hathaway Primary Group, Burlington Northern Santa Fe, LLC, Berkshire Hathaway Energy, McLane Company, Manufacturing, Service and Retailing, and Finance and Financial products. The GEICO segments involves in underwriting private passenger automobile insurance mainly by direct response methods. The General Re offers underwriting excess-of-loss, quota-share, and facultative reinsurance. The Berkshire Hathaway Reinsurance Group segment consists of underwriting excess-of-loss and quota-share reinsurance for insurers and reinsurers. The Berkshire Hathaway Primary Group segment comprises of underwriting multiple lines of property and casualty insurance policies. The BNSF segment operates railroad systems in North America. The Berkshire Hathaway Energy segments deals with regulated electric and gas utility, including power generation and distribution activities, and domestic real estate brokerage and brokerage franchisor. The McLane Company segment offers wholesale distribution of groceries and non-food items. The Manufacturing segment includes industrial and end-user products, building products, and apparel. The Service and Retailing segment involves providing fractional aircraft ownership programs, aviation pilot training, electronic components distribution, and retailing. The Finance and Financial Products segment includes manufactured housing and consumer financing; transportation equipment, manufacturing and leasing; and furniture leasing. The company was founded by Oliver Chace in 1839 and is headquartered in Omaha, NE.

Key Stats and Financials As of 2017
Market Capitalization
$556M
Total Enterprise Value
$1.07B
Earnings Per Share
$0.95
Revenue
$1.14B
Net Profit
$42.9M
EBITDA
$107M
EBITDAMargin
9.38%
Total Debt
$439M
Total Equity
$301M
Enterprise Value Sales
0.94x
Enterprise Value EBITDAOperating
9.98x
TEVNet Income
24.85x
Debt TEV
0.41x
Three Year Compounded Annual Growth Rate Of Revenue
5.87%
Five Year Compounded Annual Growth Rate Of Revenue
5.79%
Suppliers
Haldex AB Auto Parts & Tires | Kansas City, Missouri

Haldex AB engages in the development and manufacturing of air controls and foundation brake. It focuses on products related to vehicle dynamics, safety, and the environment. The firm produces air management systems, air suspension systems, electronic braking systems, actuators, automatic brake adjusters, disc brakes, and electronic lining wear sensors. Haldex was founded in 1887 and is headquartered in Landskrona, Sweden.

WABCO Holdings, Inc. Automobiles | Rochester Hills, MI

WABCO Holdings, Inc. engages in the provision of electronic, mechanical, electro-mechanical, and aerodynamic products for manufacturers of commercial trucks, buses, trailers, and passenger cars. Its products include pneumatic anti-lock braking systems, electronic braking systems, electronic stability control, brake controls, automated manual transmission systems, air disc brakes and a variety of conventional mechanical products such as actuators, air compressors and air control valves. The company was founded by George Westinghouse in 1869 and is headquartered in Rochester Hills, MI.

Atrium Real Estate Investment Trust Real Estate Investment Trusts | Kuala Lumpur, WP

Atrium Real Estate Investment Trust engages in investment in industrial focused real estate and real estate-related assets. Its property portfolio includes Atrium Shah Alam 1, Atrium Shah Alam 2, Atrium Puchong, and Atrium USJ. The company was founded on November 20, 2006 and is headquartered in Kuala Lumpur, Malaysia.