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Seale Advised American Standard Companies on Wabco Restructuring

Written by James Seale | Mar 2, 2002 2:30:00 PM

Seale & Associates advised American Standard, Inc., a global company focused on central air conditioning systems and service, plumbing products, and electronic braking and control systems for heavy-duty trucks and buses, on its restructuring of Wabco Braking Systems and subsequent sale to Linnemann-Schnetzer GmbH, a manufacturer of air reservoirs for commercial vehicles and trailers.

About Linnemann Schnetzer

Linnemann Schnetzer is a company that manufactures air-pressure vessels for commercial vehicles. Their vessels are made of steel or aluminum and range in size from 0.07 liters to 120 liters. Linnemann Schnetzer is a subsidiary of Frauenthal Holding AG, which is based in Austria. For more information, visit www.linnemannschnetzer.com. 

About American Standard

American Standard was founded in 1886 in Detroit, Michigan, and is now headquartered in Piscataway, New Jersey. Is a company that manufactures bathroom and kitchen products. They offer a variety of styles, including traditional, transitional, and modern. They also have a line of products specifically designed for professionals. Some of their products include toilets, sinks, faucets, and tubs. For more information, visit www.americanstandard.com. 

About Seale & Associates

Seale & Associates Inc. is a global investment banking firm with extensive experience in mergers and acquisitions, corporate finance advisory, and enterprise-level strategy consulting. Our professionals are trusted advisors maintaining a high level of quality and integrity while presenting innovative ideas and solutions to address our clients’ most complex dealings. For more information, visit www.sealeassociates.com.