Hendrickson, a Woodridge, Illinois-based global manufacturer of suspension systems and components for medium- and heavy-duty trucks and trailers, has acquired the Reyco Granning suspension business, based in Mount Vernon, Missouri, from Reyco Granning LLC and its parent company MAT Capital LLC.
Reyco Granning's primary product lines include suspension solutions for motorhomes, commercial trucks, emergency response vehicles, specialty trailers, buses and the aftermarket sector. The company specializes in manufacturing and marketing suspension solutions for heavy and medium-duty vehicles.
The Reyco Granning brand will continue to operate independently under its existing name for the foreseeable future, 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,” Hendrickson President and CEO Matt Joy says. “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.”
Hendrickson is a global manufacturer and supplier of medium-and heavy-duty mechanical, elastomeric and air suspensions, integrated and nonintegrated axle and brakes systems, tire pressure control systems, auxiliary lift axle systems, parabolic and multi-leaf springs, stabilizers, bumpers and components to the global commercial transportation industry.
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