SFS wins a major contract with a long-standing customer
News - XX. March 2019
A major contract with a customer in the automotive industry marks another mile-stone for SFS: Modules for a new generation of electronic brake systems will be manufactured at SFS’s factory in Heerbrugg (Switzerland) under a ten-year contract with a volume of more than CHF 200 million. Winning this contract demonstrates SFS’s highly competitive standing as a R&D partner.
Over the years SFS has successfully positioned itself as a preferred development partner for customers in the automotive industry. Trends towards greater comfort, safety and effi-ciency and, from an overarching perspective, trends associated with autonomous vehicles are spurring innovation. The increasing electrification of vehicles, which is also being ob-served in vehicle brake systems, is a promising fast-growing market segment and SFS is profiting from it.
Building on its many years of successful, close cooperation with the customer, SFS has developed a convincing second-generation version of a key module for electronic brake systems. The awarded contract will be realized over the next ten years and represents a sales volume of more than CHF 200 million. The newly developed innovative module is distinguished by reduced complexity and greater cost-effectiveness, which heralds market share gains for the customer. This project win is another example of SFS’s successful strategy implementation and it represents a platform for future growth.
With the development of these next-generation modules for electronic brake systems, SFS deepened its partnership with this customer and at the same time set another milestone for sustained growth.