DEXTER AGREES TO AQUIRE HENDERSON
WHEEL & TRAILER SUPPLY, INC.
DexKo Global Inc., a global leader in highly engineered trailer
running gear, chassis assemblies and related components is
pleased to announce that its subsidiary, Dexter, has agreed to
acquire Henderson Wheel & Trailer Supply Inc., based out of
Salt Lake City, UT. Henderson is a manufacturer of sprung and
torsion axles and fenders as well as distributor of axles, trailer
components and fenders.
“The addition of the Henderson product and manufacturing
facilities, will complement the already extensive portfolio of
products under Dexter while strengthening our presence in
the Western U.S.,” stated Fred Bentley, CEO of DexKo Global.
Bentley added, “We are now continuing with our DexKo 2020
plan. Our new owner, KPS, is providing full support to add highly
engineered and high growth products to our globally leading
running gear product offering.”
“This is an excellent opportunity to better serve all our
customers with the addition of west-coast manufacturing
capabilities,” adds Adam Dexter, President and CEO of Dexter.
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“Our focus will be to further enhance our commitment to the
core Dexter principles of safety, quality, and customer service
that have been the foundation of our success for over 50
years. By concentrating on these areas, we are confident that
the addition of Henderson will bring value to all our mutual
customers.”
“At Henderson, we are very proud of the legacy we have built
since 1919. As a family run business, we are thrilled with the
opportunity to continue growing our business while joining an
even larger family,” said John Henderson, President of Henderson.
“I am confident that uniting with Dexter, the industry leader, will
be beneficial for both our customers and employees.”
DexKo Global is a portfolio company of KPS
Capital Partners, LP (“KPS”). KPS is the manager
of the KPS Special Situations Funds, a family of
investment funds with approximately $5.2 billion
of assets under management.
For more information, visit www.dexteraxle.com.
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