Hendrickson Acquire Frauenthal Automotive Sales Gmbh Leaf Spring And Stabilizer Business
ITASCA, Ill. (June 2014) ““ Hendrickson announces the acquisition of the leaf spring and stabilizer segments from the Austrian Frauenthal Group along with a number of their subsidiaries in Europe.
“This acquisition of this business will enable us to broaden our footprint in Europe to better support our global spring customer base,” stated Gary Gerstenslager, president and chief executive officer Hendrickson.
The closing of the transaction will be completed later this year.
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 systems; auxiliary lift axle systems; parabolic and multi-leaf springs; 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 after 100 years. Visit the Hendrickson Web site at www.hendrickson-intl.com.
