Hendrickson announced Thursday 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,” Gary Gerstenslager, president and chief executive officer Hendrickson, said through a release.
The closing of the transaction will be completed later this year.
