Cascade Drives AB (publ) and LEAX Group AB (publ) have signed a Letter of Intent (LOI) to forge a powerful operational collaboration. This partnership will leverage both companies' expertise in linear motion for mobile applications and the innovative manufacturing of transmission components.

We will exhibit our game-changing innovation for Heavy-Duty Electric Power Steering at IAA Transportation, the most important show for logistics, commercial vehicles and the transport sector, in Hannover, September 17-22