Hendrickson acquires Frauenthal’s leaf spring and stabiliser business06 January 2015
US-based suspension and axle manufacturer Hendrickson has completed a deal to purchase the heavy-duty automotive leaf spring and stabiliser division of Frauenthal Group.
The 20 million euro deal also includes several of Frauenthal Group's European subsidiaries.
"This acquisition of this business will enable us to broaden our footprint in Europe to better support our global spring customer base," says Gary Gerstenslager, president and chief executive officer for Hendrickson.
Hendrickson manufactures medium- and heavy-duty mechanical, elastomeric and air suspensions, as well as axles, parabolic and multi-leaf springs, and bumper and trim components for commercial vehicles.
Hendrickson Europe Ltd
This material is protected by MA Business copyright
See Terms and Conditions.
One-off usage is permitted but bulk copying is not.
For multiple copies
contact the sales team.