Hendrickson concludes purchase of Frauenthal operations
ITASCA, IL – Suspension maker Hendrickson International has completed its purchase of the heavy duty leaf spring and stabilizer segments of the Frauenthal Group in Austria.
The conclusion of the deal, first announced in June, also included a number of European subsidiaries 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,” said Gary Gerstenslager, president and CEO of Hendrickson.
TBC Netherlands, a Hendrickson affiliate, will absorb operations in Austria, France and Romania. The light springs operations based in Portugal will remain with Frauenthal.
Hendrickson is based in Itasca, Ill.
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