SIGNAL+DRAHT | Issue 03/2019
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. “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....