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History

2022

Sale of Frauenthal Powertrain through management buy-out

2003

Frauenthal acquires a Finnish spring factory in Billnäs from Imatra Steel (closed in 2006).

2004

Frauenthal acquires the Linnemann-Schnetzer Group – the European market leader in steel braking system pressure vessels – boosting the revenue of the Frauenthal Automotive Division to EUR 170 million (m).

2006

A new factory unit is built to manufacture diesel catalysts at the Frauental site, at a cost of EUR 5m. Ceram Catalysts GmbH is transferred to the Frauenthal Automotive Divisions Customer in order to exploit customer synergies

(in 2009 the company is merged with Porzellanfabrik Frauenthal GmbH).

2007

The Linnemann-Schnetzer Hungary air reservoir plant is closed.

Frauenthal acquires leading U-bolt manufacturer Pol-Necks, Torun, Poland and the A.D. Fabrika Opruga Styria Gibnjara Kraljevo spring factory in Serbia.

2009

Frauenthal disposes of Styria Federn GmbH, Düsseldorf, along with subsidiary Styria Gibnjara Kraljevo in response to the crisis.

The Syria Vzmeti plant in Slovenia is mothballed in an effort to reduce capacity. The Styria Elsefrance air reservoir and stabiliser factory in St. Avold, France is shut down to adjust capacity.

2010

The division achieves turnaround thanks to the tough restructuring measures taken in 2009 and the recovery of the commercial vehicle industry.

2012

The brands "Linnemann-Schnetzer", "Styria" and "Pol-Necks" merge to "Frauenthal Automotive" as of 1 July 2012.

2012

Acquisition of the Czech airtank manufacturer Worthington Cylinders a.s.

2013

Acquisition of Gnotec AB, a Swedish manufacturer of metal components used in automotive and industrial applications (2012: revenue EUR 80m, 400 employees)

2014

Acquisition of Termoreguator AB, sheet metal parts producer based in Motala, Sweden

2014

Sale of leaf springs and stabilisers business in Austria, France and Romania to TBC Netherlands

2016

The plant in Portugal, Frauenthal Automotive Azambuja Unipessoal Lda., is closed.

2017

Acquisition of the German forges in Plettenberg and Rosswein from Mahle GmbH.

2018

Sale of the U-Bolts business in Poland to the American group Hendrickson.

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