Global suspension manufacturer Hendrickson has acquired the Reyco Granning suspension business, based in Mt. Vernon, Missouri, from Reyco Granning and its parent MAT Capital. Reyco Granning specializes in manufacturing and marketing suspension solutions for heavy- and medium-duty vehicles.
Reyco Granning's primary product lines include suspension solutions for motorhomes, commercial trucks, emergency response vehicles, specialty trailers, buses, and the aftermarket sector. Reyco Granning will continue to operate independently under its existing name for the foreseeable future, maintaining its market identity and ensuring continuity in operations.
“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 of Hendrickson. “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.”