Hendrickson Buys Brake Component Specialist Brunner
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Hendrickson acquired commercial vehicle brake component specialist Brunner for an undisclosed sum Oct. 2, the Woodridge, Ill.-based company said.
Brunner’s primary product lines include brake shoes and s-cams. The company has two arms — Brunner International Inc. based in Medina, N.Y., and Brunner Manufacturing and Sales Ltd., based in Niagara Falls, Ontario.
Hendrickson said the latest products entering its portfolio complement the company’s primary suspension systems business for the medium- and heavy-duty truck and trailer markets.
Brunner was a privately owned business prior to the deal. It also manufactures components for the bus and trailer markets.
Brunner’s primary product lines include brake shoes and s-cams. (Hendrickson)
The Brunner product brand will be kept and used going forward, Boler unit Hendrickson said. Brunner will operate as a division of Hendrickson Brake and Wheel End, and its approximately 325 employees will become employees of Hendrickson, it added.
“We are excited about this acquisition, as it will provide a platform for Hendrickson to expand our core competency in braking and provide additional components that will enhance our existing product portfolio,” said Hendrickson CEO Matt Joy.
Hendrickson specializes in medium- and heavy-duty mechanical, elastomeric and air suspensions; integrated and non-integrated axle and brakes systems; plus auxiliary lift axle systems.
Hendrickson declined to say how much it paid for Brunner.
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