Hendrickson Acquires Business from Frauenthal Automotive Sales in Europe
ITASCA, Ill. (June 2018) – Hendrickson acquires the U-bolt, pin and screw business segment from the Austrian Frauenthal Group. The signing took place on May 30th, 2018, and the final title transfer will take place in June 2018. The acquisition includes the manufacturing facility in Torun, Poland, along with 200 employees who will join Hendrickson Commercial Vehicle Systems Europe. “This acquisition will widen our product portfolio and provide components that can complement our existing product lines. We look forward to working with our new colleagues and strengthening our business across Europe in the coming year,” stated Gary Gerstenslager, president and chief executive officer Hendrickson.
Hendrickson, a Boler company, is a leading global manufacturer and supplier of medium- and heavy-duty mechanical, elastomeric and air suspensions; integrated and non-integrated axle and brakes systems; tire pressure control systems; auxiliary lift axles systems; parabolic and multi-leaf springs; stabilizers; and bumper and trim components to the global commercial transportation industry. Hendrickson, based in Itasca, Ill., USA, continues to meet the needs of the transportation industry for more than 100 years. Visit Hendrickson at www.hendrickson-intl.com, eu.hendrickson-intl.com
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