DexKo Global
| Private | |
| ISIN | 🆔 |
| Industry | Commercial Axles |
| Founded 📆 | Novi, Michigan (2015) |
| Founder 👔 | |
| Headquarters 🏙️ | , 39555 Orchard Hill Place Suite 525, , Novi, Michigan United States |
Area served 🗺️ | |
Key people | Fred Bentley, CEO
Jeff Richard, CFO Ed Meador, COO |
| Products 📟 | Axle, Chassis |
| Members | |
Number of employees | |
| 🌐 Website | https://www.dexko.com |
| 📇 Address | |
| 📞 telephone | |
About[edit]
Dexko Global, Inc. is a global company headquartered in Novi, Michigan, formed in 2015 through the merger of Dexter Axle Company and AL-KO Vehicle. It is currently owned by private equity investment firm KPS Capital Partners.
DexKo Global is a leading supplier of innovative engineered components that are critical to the safety and performance of a wide range of towable and related applications. The company's products include chassis assemblies, axle assemblies, suspension systems and components, and trailer equipment.[1]
The company has more than 5,000 employees in 44 production facilities and 230 distribution centers in 23 countries around the world and offers its products and services in 74 different countries.[2]
History[edit]
Overview
DexKo Global Inc. was formed in 2015 through the combination of two industry leading businesses, Dexter Axle Company, with operations in North America and AL-KO Vehicle Technology, with operations in Europe, Australia and several other countries outside North America. The combined company has a long history as a manufacturer of innovative engineered components and systems for towable and related applications.
Dexter Axle was founded in Elkhart, Indiana by Leonard Dexter in 1960. The product offering was initially limited to manufactured housing and RV axles, but over time, Dexter Axle expanded its portfolio. Dexter Axle underwent a number of ownership changes: it was acquired by Philips Industries, Inc. in 1966, which was later acquired by Tomkins plc, a broad, industrial conglomerate in 1990, and was sold to private equity investment firm The Sterling Group L.P. in 2012.
AL-KO was founded in Kötz, Germany in 1931 by Alois Kober and grew to become the leading European designer and manufacturer of trailer axles, trailer components, chassis and motorized chassis. In 1988, AL-KO expanded into Australia through the acquisition of Girlock Caravan and Trailer parts.
The company and its predecessors have made 19 acquisitions since 2013, which are summarized below.
2013 – 2015
In 2013, Dexter Axle acquired Unique Functional Products, a U.S. manufacturer of marine trailer assemblies, brakes, brake actuators and enhanced bearing systems. In 2014, Dexter Axle acquired the North American assets of AL-KO Axis. In 2015, it acquired Titan International’s Brake and Actuator business, a manufacturer of an extensive line of brakes, actuators, couplers and hubs designed for a wide variety of trailer applications. This strategic series of acquisitions culminated in the formation of DexKo Global Inc. through the acquisition by Dexter Axle of AL-KO Vehicle Technology in December 2015.
2016
Following the formation of the company in 2015, it completed four strategic acquisitions in 2016. It acquired Winterhoff, a leading manufacturer of safety components, including couplings and jockey wheels, for the European trailer and caravan industry as well as Rockwell American, a leading manufacturer and distributor of trailer axles for the North American market. Later in 2016, it acquired Melbourne Trailer and Caravan Supplies, a supplier of caravan and trailer axles, leaf springs and other trailer components serving multiple Australian end-use segments. Finally, it acquired Ingersoll Axles, IMT Group’s specialized heavy duty axle and suspension business and Standen’s light and medium duty axle and suspension system business, giving the company a meaningful Canadian presence.
2017
In 2017, the company acquire three additional businesses that complemented its product offering and strengthened its global position including Tie Down Engineering Inc.’s axle, brake and actuation business assets in North America; BPW Fahrzeugtechnik, a European manufacturer of axles, chassis assemblies and other trailer components for light duty, caravan and motorhome applications; and Henderson Wheel & Trailer Supply Inc., a North American manufacturer of sprung/torsion axles and fenders. In addition, the company was acquired by private equity investment firm KPS Capital Partners, LP in July 2017. DexKo Global has continued to make strategic acquisitions to broaden its portfolio offering and geographic footprint, with nine additional acquisitions completed since 2017.
2018 – 2019
In January 2018, the company acquired Kodiak, a manufacturer of light and medium duty axle brakes for North American marine, RV, horse, commercial, industrial, cargo and military end-use segments, and E&P Hydraulics, a European provider of professional support system solutions for caravans, motorhomes and light commercial vehicles. In June 2018, it acquired G&S/Hume, an Australian manufacturer of chassis for caravans, mobile homes and other structures as well as other caravan accessories. In July 2018, the company acquired CM Trailer Components, a New Zealand trailer components and assembly company selling primarily to the aftermarket. In August 2018, it made a minority investment in VB-Airsuspension, B.V., a leading European air suspension company. In September 2018, the company acquired CBE Group, an Italian electronic systems solutions company providing electric components and wire harnesses for the RV/motorhome industry. In 2019, the company acquired Bankside Patterson, a leading manufacturer of mobile home chassis in the U.K., and Preston Chassis Industries, a manufacturer of chassis and parts for the Australian caravan industry.
End-use Segments[edit]
DexKo provides axles, chassis and other components for trailer, RV, towable equipment, and light commercial vehicle manufacturers around the world. They have a global footprint and distribution network that allows them to sell in nearly every region of six continents. DexKo is one of the leading companies in its marketplace today.
General Utility
DexKo produces high-tech components and assemblies that allow for safe driving in both the commercial and private sector. The products offer versatile utility trailer solutions across multiple applications, from lightweight single-axle trailers to heavy-duty trailers, dual-axle haulers, and numerous sizes in between.
Heavy-Duty Industrial
DexKo customizes trailer and axle solutions to carry multiple loads in various environments such as steel mills and ship yards. The company also offers a wide line of heavy-duty trailer systems and components. DexKo has over 50 years of experience supplying to heavy-duty industrial customers.
Cargo
DexKo cargo trailer systems and components help enable smooth travels—from general applications to commercial landscaping equipment to automobiles to motorbikes to ATVs and more. DexKo supplies chassis and axles that aim to give more payload and load volume for last mile cargo logistics.
Marine
DexKo offers high-tech components and accessories that ensure a boat can be taken to the water safely. DexKo has been providing trailer axles and brake system components to the recreational watercraft trailer market since 1963.
Livestock
DexKo solutions help reduce transport stress in animals and make them as safe and comfortable as possible. Animals are not secured in trailers; therefore they feel every jolt and jerk. They have to compensate for these bumps using their muscles, tendons, and joints. In response to this concern, DexKo developed a number of systems and components to transport animals more safely and comfortably.
RV
DexKo offers a broad range of innovative RV and motorhome components to enhance the mobile lifestyle, including chassis, axles, suspension solutions, slide-out mechanisms, venting systems, windows and doors electronic components, stabilizer and leveling systems, entry steps, carrier systems, safety systems and more.
Construction
DexKo serves the construction industry with trailer systems and components to help haul equipment to and from the job site. DexKo offers broad range of quality trailer systems and towing components to help ensure the safe transport of skid steers, excavators, front-end loaders, trenchers, cement mixers, and much more, taking into account weather elements, rugged terrain, and road safety for a variety of construction related applications.
Light Commercial Vehicles
DexKo is a certified partner of FIAT Professional, Mercedes-Benz, Citroen, Peugeot, and Volkswagen commercial vehicles and meets strict quality standards. In addition, the companies advanced chassis solutions allow for a wide variety of configurations for commercial vehicle applications.
Agriculture
DexKo offers a robust line of trailer systems and components for the unique needs of the agricultural industry. With many years in the towable work industry, DexKo has used high quality materials to expand to lifetime of their products, as well as increasing the ease of use and serviceability for a number of agricultural applications.
Aftermarket
DexKo offers a variety of genuine replacement parts and components, and aftermarket enhancements from brake pads to shock absorbers. DexKo also offers aftermarket accessories for trailers and RVs like winches, leveling systems, maneuvering systems, and more.[3]
References[edit]
External links[edit]
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