Dexter Axle acquires premium supply in Texas
Elkhart-based Dexter Axle Co. acquired Premium Supply Ltd. in Texas, a company specializing in custom trailer winches, hydraulic kits, pumps, controls and accessories. Financial terms of the deal were not disclosed.
Dexter is a manufacturer of axles, doors and other utility trailer components for the recreational vehicle, marine and agricultural markets.
“Over the past six decades, DEXTER has developed the most diverse product offering in the industry,” said Adam Dexter, CEO of DEXTER. “The Premium Supply activity fits naturally into the DEXTER organization. Their industry and product knowledge will enable our companies to better serve the market.
Premium Supply distributes its products and kits in the tipper, tipper and utility markets.
“Together, we will drive exciting developments in the industry and deliver a full line of towing solutions to our dump and dump customers,” said Fred Bentley, CEO of DexKo Global. “Premium Supply customers should expect to see substantial benefits from DEXTER’s large national footprint servicing large and small OEMs, dealerships and service centers in the dump trailer market. Additionally, our combined supply chain expertise will enhance our ability to serve customers with just-in-time delivery.
Earlier this year, Dexter acquired The Expediter LLC, a trailer parts supply store in Florida.
Dexter is a subsidiary of DexKo Global Inc., based in Michigan. The manufacturer employs nearly 4,000 people in the United States and Canada and operates 18 manufacturing plants and more than 30 distribution sites.