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Announced

Completed

DexKo Global completed the acquisition of Redneck.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

trailer axles

Private

United States

Auto Parts

Acquisition

Single Bidder

Majority

Friendly

Completed

Synopsis

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DexKo Global, a provider of highly engineered trailer running gear, chassis assemblies, and related components, completed the acquisition of Redneck, a supplier of trailer axles and other trailer components across North America. Financial terms were not disclosed. "Adding Redneck under Dexter's umbrella demonstrates our long-standing commitment to servicing our customers to the highest level. This partnership will further our ability to provide quality products to manufacturers, distributors, dealers, and service centers. The acquisition of Redneck will complement the DexKo family of brands with great people, products, facilities, customers, and provide the opportunity to grow our customer relationships," Fred Bentley, DexKo Global CEO.

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