The acquisition adds to the Delachaux Group’s current portfolio which includes Pandrol, Conductix-Wampfler and DCX Chrome. Frauscher’s expertise includes wheel detection, axle counting and tracking solutions.
The acquisition comes two years after Frauscher Sensor Technology announced in October 2016 that it had been acquired by New York-based Greenbriar Equity Group, for an undisclosed sum.
Mr Michael Thiel remains the CEO of the Frauscher Sensor Technology Group under Delachaux, while also becoming a member of the Delachaux Group executive committee.
“Delachaux pursues strategic goals that are perfectly in line with ours,” Thiel says. “The focus is on much more than increasing the value of the company. 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.”
“To me, this acquisition is not only a wise business investment but also a choice from the heart,” says Delachaux Group CEO, Mr Guy Talbourdet. “We share with Frauscher the same values of long term perspective, expertise and entrepreneurial spirit, and I have no doubt that we will develop powerful synergies to provide innovative solutions to our customers in the rail industry.”
Founded in Austria in 1987, Frauscher has installed wheel sensors and axle counters in more than 80 countries. The company has more than 430 employees in 13 countries and posted a sales turnover of more than €70m in 2018. Frauscher has recently been investing in the development of solutions based on distributed acoustic sensing, which it says has the potential to be used for numerous applications such as train tracking, asset condition monitoring and security requirements.
