DexKo Global Inc., a company that builds trailer running gear, chassis assemblies, and related components, announced that its wholly-owned subsidiary, Dexter Axle Company has acquired HiSpec Wheel & Tire, Inc. located in Mishawaka, Indiana.
Established in 1995, HiSpec designs and provides aluminum and steel wheels, tires, and related accessories to the RV, trailer, and transportation industries. The company has earned a reputation for offering the safest and most innovative wheel & tire assemblies in the industry, while providing the highest level of customer service and satisfaction.
Dexter, headquartered in Elkhart, Indiana, employs over 3,800 people in the U.S. and Canada and operates 18 manufacturing facilities and over 30 company-owned distribution locations. Founded in 1960, Dexter has built a reputation as a trusted brand serving utility trailer, recreational vehicle, marine, heavy-duty, agricultural, specialty equipment manufacturers and distribution partners.
“Uniting Dexter and HiSpec allows us to offer a more comprehensive line of safety-related towing products to all our customers and business partners. We are very excited to bring the HiSpec team into the Dexter family while providing an improved product offering to our valued customers,” states Adam Dexter, president and CEO of Dexter.
“I am excited to welcome the HiSpec team into the Dexter family. We continue to see opportunity to improve our ability to offer even better products and service to our customers through our distribution and direct channels,” adds Fred Bentley, CEO of DexKo Global. “HiSpec fits very well within our strategy, and we expect to see significant benefit to the combined business. We continue to demonstrate our ability to effectively acquire complementary companies and integrate them.”
“We have worked with Dexter for twenty years,” states Brad Richards, president and founder of HiSpec. “I feel very comfortable that we are passing the baton to a team with great integrity and experience. It will be gratifying to see DexKo take HiSpec to the next level in the years to come.”
“The team at HiSpec is thrilled to be part of the Dexter organization,” states Joe Katona, General Manager of HiSpec Wheel & Tire. “Combining our resources strengthens our position and ability to provide our customers with superior and more efficient service.”