Hendrickson, a Boler company and global manufacturer of suspension systems and components for medium- and heavy-duty trucks and trailers, announced the acquisition of the Reyco Granning suspension business, based in Mount Vernon, Missouri, from Reyco Granning and its parent company, MAT Capital.
Reyco Granning specializes in manufacturing and marketing suspension solutions for heavy- and medium-duty vehicles.
Reyco Granning’s primary product lines include suspension solutions for motorhomes, commercial trucks, emergency response vehicles, specialty trailers, buses and the aftermarket sector. The Reyco Granning brand will continue to operate independently under its existing name for the foreseeable future, the company said in a release, maintaining its market identity and ensuring continuity in operations and customer service.
“We are excited about this acquisition, as it provides a platform for Hendrickson to expand our reach and manufacturing footprint. Reyco Granning will enhance our overall product portfolio and ultimately better serve our customers in the commercial vehicle industry; we look forward to promoting the Reyco Granning brand as part of our ride solutions portfolio,” said Matt Joy, president and chief executive officer of Hendrickson.
