Delachaux Group completed the acquisition of a majority stake in wheel sensor and axle counter manufacturer Frauscher Sensor Technology Group on February 28.
The family-owned Delachaux Group is the owner of rail fastening manufacturer Pandrol as well as specialised energy and metals engineering businesses….CEO Michael Thiel retains his role as well as joining the Delachaux Group executive committee. ‘Delachaux pursues strategic goals that are perfectly in line with ours’, he said. ‘Our global growth plans as well as development projects and research activities have been secured. This will enable us to tap further markets and develop new solutions for various application areas.’ Frauscher…. has supplied wheel ensors and axle counters to more than 80 countries.
Frauscher Sensor Technology acquired by Delachaux
Railway Gazette March 1, 2019
Read entire article