Source: DELLNER BUBENZER Group announcement
KIRCHEN, Germany — DELLNER BUBENZER Group announced the acquisition of the Polish company Frimatrail Frenoplast S.A, which has 30 years’ experience and continuous research-and-development activity as a producer of friction materials for rail vehicles.
“DELLNER BUBENZER is delighted to welcome Frimatrail Frenoplast,” said Marcus Åberg, CEO of DELLNER BUBENZER. “DELLNER BUBENZER’s ambition to become the world’s leading supplier of brakes and related power transmission products requires us to constantly develop ourselves and our offerings.
“By bringing the expertise of Frimatrail Frenoplast into our group, we will now be able to develop our product portfolio and market by entering the rail brake market. This is another great addition to DELLNER BUBENZER.”
For Frimatrail Frenoplast, this integration with a Swedish rail and industrial Group opens up new prospects.
“Joining the DELLNER BUBENZER group is a strategic development move for us,” said Jacek Bułhak’, CEO of Frimatrail Frenoplast S.A. “Co-operation with such a recognized partner brings many benefits – we will be able to improve our R&D performance, optimize costs and gain access to new markets.
“We undoubtedly have an exciting time ahead of us.”
Frimatrail Frenoplast S.A. specializes in the design, development and production of friction materials used in industry, mostly in the railway sector. The company employs 60 people at its head office near Warsaw, and the company’s products are sold all over the world. Frimatrail Frenoplast has obtained many quality and industry certificates, including IRIS, ISO 9001, and UIC.
The new company will operate under the name DELLNER Frimatrail Frenoplast S.A., and the focus for the immediate future will be on keeping up business as usual, supporting customers and integrating employees into the Group.
Åberg added: “We see great potential to create synergies in our group with the acquisition of Frimatrail Frenoplast, and we hope our customers, our suppliers as well as our employees will see the benefits. It is certainly an exciting time for DELLNER BUBENZER.”
DELLNER BUBENZER Group is a global leader in the design and manufacture of braking and hydraulic systems for the material handling, crane and hoist, container handling, mining, marine, industrial, offshore, oil and gas, and wind energy sectors. The group employs 900 people and its annual revenues reach EUR 140m. The Group operates in a global market from over 25 locations around the world.
With manufacturing facilities located in Sweden, Germany, Poland, Italy, Denmark, Czech Republic, India, USA and China, and sales, service and repair divisions in Holland, Singapore, Malaysia, Dubai, Brazil and Argentina, DELLNER BUBENZER is a global company acting as a local partner.