STOCKHOLM, Sweden, March 4, 2002 (PRIMEZONE) - Scania (NYSE:SCVa) (NYSE:SCVb) and Holcim have signed a Frame Agreement, where Scania is one of the preferred suppliers of on-road trucks to Holcim. The agreement is the first global deal made by Scania International Fleet Development Ltd, a recently established company based in the U.K.
The Frame Agreement provides the basis for the relationship between Holcim and the Scania worldwide network for the purchase of up to 400 vehicles during 2002 in Latin America, Europe, Africa, The Middle East and Australia.
Holcim is one of the world's leading producers and suppliers of building materials, such as cement, aggregates and concrete. From its origin in Switzerland, the Group has grown into a global player with a strong market presence in over 70 countries on all continents. Holcim operates in excess of 3,000 vehicles. More than 47,000 employees contribute to the success of Holmcim worldwide.
"Scania International Fleet Development were able to offer a co-ordinated approach for our global purchasing requirements by utilizing the existing strength of the Scania distribution network. We also welcome the company's ability to match our own commercial organization by providing focused global key account management, incorporating simplified business information from a central point of contact" said Alois Zwingi, CEO of Holcim Commerce Ltd., the company that manages global strategic sourcing for Holcim Ltd.
Scania International Fleet Development Ltd is the international sales unit of Scania. Established specifically to develop business relationships with international clients, the company focuses on international and cross border fleet sales, global account management and the co-ordination of added value service offerings from the Scania distribution network. By combining these facilities Scania has the ability to develop consistent, global solutions for its global customers.
Scania is one of the world's leading manufacturers of trucks and buses for heavy transport applications, and of industrial and marine engines. With 28,300 employees and production facilities in Europe and Latin America, Scania is one of the most profitable companies in its sector.
In 2001, turnover totaled SEK 53 billion and the result after financial items was SEK 1.5 billion. Scania products are marketed in about 100 countries worldwide and some 95 percent of Scania's vehicles are sold outside Sweden.
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