Hendrickson has announced acquisition of the leaf spring and stabilizer segments from the Austrian Frauenthal Group along with a number of its subsidiaries in Europe.
“The acquisition of this business will enable us to broaden our footprint in Eurpoe to better support our global spring customer base,” stated Gary Gerstenslager, President and Chief Executive Officer of Hendrickson. The transaction closure 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. Based in Itasca, III., USA, it continues meeting the needs of the transportation industry.