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MAT HOLDINGS, HONEYWELL REACH LICENSING AGREEMENT FOR BENDIX AUTOMOTIVE BRAKING PRODUCTS


2014

MAT Holdings Inc., a global manufacturer and distributor of products in the automotive, hardware and power equipment sectors, and Honeywell, a Fortune 100 diversified technology and manufacturing leader, have reached an agreement under which MAT Holdings is granted an exclusive license for the use of the BENDIX trademark on automotive braking products to be sold in Europe, the Middle East and North Africa.

"In 2014 MAT Holdings was awarded the exclusive license for Bendix automotive braking products in North America," said Georg Ruhl, President and Chief Operating Officer of MAT Holdings. "With the addition of the license for Europe, the Middle East and North Africa, we now look forward to re-energizing Bendix as a global braking brand."

MAT HOLDINGS, THE PARTS ALLIANCE ANNOUNCE DISTRIBUTION AGREEMENT FOR BENDIX AUTOMOTIVE BRAKING PRODUCTS

MAT Holdings Inc., a global OEM manufacturer of braking systems and authorized licensee of the Bendix trademark, and The Parts Alliance, a UK parts distribution group, have jointly announced a new exclusive distribution agreement for Bendix braking products in Western Europe.

Bendix has an unrivalled braking pedigree and we are pleased to return this premium brand to our network of partners and the Western European automotive aftermarket " said Peter Sephton, Chief Executive of The Parts Alliance.

About The Parts Alliance

The Parts Alliance is the one of the leading groups of automotive parts distributors throughout the UK and Ireland.

The group has over 200 branches nationwide and a turnover exceeding £475 million. The group incorporates several local brand identities, eight of which are owned by Parts Alliance Group. Operating as one organisation gives the group the benefit of centralised support.

The Parts Alliance is a partner of NEXUS Automotive International, a value-focused international alliance of automotive aftermarket leaders bringing access to partnerships with suppliers on a worldwide platform.

To find out more please visit The Parts Alliance.




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