Delachaux Group, of France, acquired Frauscher Sensor Technology of Austria, from Greenbriar Equity Group. The Delachaux Group now holds the major share in the company. The remaining shares are held by the Frauscher Management Team.
Founded in 1902, the Delachaux Group is a global leader in mission-critical engineered solutions. The Group’s businesses, Pandrol (Rail Infrastructure), Conductix-Wampfler (Energy & Data Management Systems) and DCX Chrome (Chromium Metal) are world-renowned for their historical know-how and ability to innovate.
As a technology leader for wheel detection, axle counting and tracking solutions, Frauscher fits perfectly into Delachaux’ vision and history. By joining Delachaux’ other businesses, Frauscher adds their impressive line of products, services and systems to the group’s portfolio, which consists of solutions that are essential for the safety, reliability and efficiency of their customers’ equipment and infrastructure.
Founded in 1987 in Austria, the Frauscher has installed wheel sensors and axle counters in more than 80 countries. Frauscher has more than 430 employees in 13 countries and posted a sales turnover of €70 million in 2018. Recently, Frauscher has been investing in the development of solutions based on Distributed Acoustic Sensing, for the rail industry. This technology has the potential to be used for many applications like train tracking, asset condition monitoring and security requirements in the railway industry.
EC M&A acted as financial advisor to Delachaux on this transaction.