Hendrickson Completes Frauenthal Acquisition
Release date: 1/5/2015
For Immediate Release
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Hendrickson Completes Acquisition of Frauenthal Automotive Leaf Spring and Stabilizer Business
ITASCA, Ill. (January 2015) – Following the agreement on the acquisition of the leaf spring and stabilizer segments from the Frauenthal Group in June 2014, Hendrickson announces the completed purchase of Frauenthal’s heavy-duty leaf spring and stabilizer segment, along with a number of their subsidiaries in Europe from the Frauenthal Group.
“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.
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.