Randon, an Brazil-based OEM, has agreed to invest $40 million to acquire the US-based trailer manufacturer Hercules. Randon’s purchase agreement for Hercules is expected to be finalized within 120 days. Randon Implementos is the largest semi-trailer manufacturer in Latin America. The company maintains a manufacturing park in Argentina and works with partners to assemble semi-trailers at several points in Central America and Africa. It is the main Brazilian exporter in the segment, with a historical market share of 60% in exports.
Randon Companies operates in the US market, with business units from other verticals such as Fras-le and Master, through manufacturing facilities and commercial offices, to meet local demands and export auto parts from Brazil.
Source: Global Trailer Magazine Read The Article
PSR Analysis: Randon demonstrated success in brakes parts in US Market with Fras-le and with this acquisition it makes its first move in the competitive Trailer Market. Its ability for innovation and knowledge of market differences makes it able to succeed quickly in US market while bringing Brazilian products of Randon Holding, as Master Brake systems, Fras-le Brake Linings and Suspensys Axles. PSR
Fabio Ferraresi is Director-Business Development South America, for Power Systems Research
