Hendrickson Acquires Reyco Granning
Hendrickson has acquired the Reyco Granning suspension business, based in Mt. Vernon, Missouri. The move will expand Hendrickson's manufacturing of suspension solutions for heavy and medium-duty vehicles.
Reyco Granning's primary product lines, some of which will now be integrated into Hendrickson's product offerings, include suspension solutions for motorhomes, commercial trucks, emergency response vehicles, specialty trailers, buses, and the aftermarket sector.
“We are excited about this acquisition, as it provides a platform for Hendrickson to expand our reach and manufacturing footprint," said Matt Joy, President and CEO Hendrickson, in a statement. "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."
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.
