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Philippi-Hagenbuch sings licensing agreement with CeDe


January 20, 2014
By Philippi-Hagenbuch

January 20, 2014, Peoria, Ill. – Philippi-Hagenbuch, Inc.
(PHIL) announced the signing of a licensing agreement with CeDe Group of Malmö,
Sweden that commenced on Dec. 6, 2013.

January 20, 2014, Peoria, Ill. – Philippi-Hagenbuch, Inc.
(PHIL) announced the signing of a licensing agreement with CeDe Group of Malmö,
Sweden that commenced on Dec. 6, 2013.

Under the terms of this partnership, PHIL is licensing its
Rear Eject Technology for use in off-highway body applications within the
construction and mining sectors to CeDe for use in Europe, the Middle East,
Africa, and Australia. Rear Eject Bodies manufactured under this licensing
agreement by CeDe and shipping into Europe, the Middle East and Africa will be
branded as CeDe products and bodies shipped into Australia will be branded
under the PHIL brand name. 

CeDe Group is a fast growing engineering company with its
head office in Malmö, Sweden. Development and production are strongly linked,
as the whole operation is under the same roof. This contributes to dynamic and
innovative solutions where ideas are shaped into ready-to-use machines. In the
expansive Öresund region of Sweden, CeDe develops and manufactures special
applications and complete machines. The majority of its customers are
world-leading companies within the mining, construction and offshore industries
throughout Europe, the Middle East, Africa, and Australia.

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Located in Peoria, Ill., Philippi-Hagenbuch, Inc. has been
building equipment for off-highway haul trucks since 1969, and become the
global leader in off-highway truck customization. In addition to custom
trailers, truck bodies, lowboy trailers, vehicle recovery tools (VRTs) and rear
eject bodies, Philippi-Hagenbuch designs and builds tailgates and water tanks
for nearly every make and model of articulated and rigid frame off-highway
truck available.