Frauscher joins the Delachaux Group
The acquisition of Frauscher Sensor Technology Group GmbH by the French Delachaux Group was finalised on 28 February 2019. The Delachaux Group now holds the majority stake in Frauscher with the remaining shares held by the Frauscher Management Team.
“The decision to become part of the Delachaux Group was a deliberate and carefully considered one by the Frauscher Management team. With Delachaux, we found a family-owned shareholder whose strategic goals are in line with ours. Delachaux can support Frauscher’s long-term sustainable growth with stability while preserving our core business values. We have secured our global plans and research and development activities that will preserve our leadership position in train detection and enable us to enter new markets and segments,” says Michael Thiel, who will continue as CEO of Frauscher Sensor Technology Group. Additionally, Mr. Thiel will also serve as a member of the Delachaux Group Executive Committee.
The Delachaux Group is a global leader in mission-critical engineered solutions and focuses on sustainable and long-term growth. As a technology leader for safety-critical wheel detection, axle counting and tracking solutions, Frauscher fits perfectly into this business focus: As with all companies of the Delachaux Group, Frauscher’s products, services and systems are essential for the safety, reliability and efficiency of their customers' equipment and infrastructure.
Guy Talbourdet, CEO of the Delachaux Group, is also confident about the common future of the two entities: “We are delighted to welcome Frauscher to the Delachaux Group. To me, this acquisition is not only a wise business investment but also a choice from the heart. 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.”