Aebi Schmidt Group Acquires Truck Suppliers in the United States

AB Schmidt Group acquires Monroe truck equipment “We are delighted to have acquired Monroe,” said Peter Schuhler, chairman of the AB Schmidt board of directors. The acquisition provides an excellent starting point for further development for the team.

Monroe Truck Tool manufactures equipment for commercial vehicles in Wisconsin, USA. These include snow plows or salt distribution systems and links and trailers for transportation. “Above all, Monroe will strengthen our vital winter business,” Schuhler continues.

Access to the US distribution network

With the acquisition, the AB Schmidt group could also significantly strengthen its position in the United States. Benefit from AB Schmidt Monroe’s sales network and sophisticated workshops in the United States. “It gives us better access to services and customers,” Schuhler insists. The Monroe Truck Tool has about 900 employees. The entire AB Schmidt team will grow to about 3,000 employees, the news continues. The truck supplier sells $ 270 million a year.

With the acquisition, the group’s sales base will grow to around 50 750 million. Monroe will continue to be run by the current administration.

Headquarters in Frauenfeld

The Aebi Schmidt team provides systems for managing commercial vehicles and traffic areas and challenging the terrain. This includes maintenance vehicles, sprayers, road cleaners, snow removal equipment and plows, vans but also sawmills.

The Aebi Schmidt Group is headquartered in Frauenfeld. The group has locations and sales partners around the world. In Switzerland, it also has a production base in Burgdorf.