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Brookfield Business Partners-backed DexKo Global completed the acquisition of City Spring.

Synopsis

Brookfield Business Partners-backed DexKo Global, a highly-engineered running gear manufacturer, completed the acquisition of City Spring, an Alberta-based truck and trailers parts distributor. Financial terms were not disclosed. "The diversity of the City Spring business was a key factor in this strategic acquisition. Dexter identified a need to grow its business in Canada to support the trailer and truck industries. The addition of the City Spring team, locations, and customers will help build out the network in Canada. We truly feel this is an excellent fit for both the employees and customers at City Spring and Dexter." Adam Dexter, Dexter Axle Company CEO.

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