G.U.D. Holdings, South Africa's leading automotive filter manufacturer since 1949 has acquired Safeline Brake Pads.
Founded in 1992, Safeline has rapidly grown to become one of the largest manufacturers of high quality Original Equipment (OE), P&A and Aftermarket disc brake-pads in South Africa.
The transaction is subject to the successful conclusion of a due diligence procedure and the approval of South African Competition Authorities in terms of the Competition Act No. 89 of 1998, as amended.