Announced
Financials
Tags
Private
trailer component
Canada
Single Bidder
trailer axles
Auto Parts
Acquisition
Majority
Cross Border
Pending
Friendly
Synopsis
DexKo Global, a designer and manufacturer of trailer axles, brakes and related components, agreed to acquire Cerka Industries, a manufacturer of trailer axles and distributor of trailer components. Financial terms were not disclosed. “We are energized by the growth opportunity that comes with the addition of Cerka. We continue tofocus our strategies to grow our specialty distribution business and increaseour reach in Canada, improving our ability to service dealer and OEM customers. Bringing the knowledgeable Cerka team to Dexter was a seamless and meaningful addition to our portfolio," Fred Bentley, DexKo Global CEO.
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