Dexter Acquires Rockwell American
DexKo Global Inc., global leader in highly engineered trailer running
gear and chassis assemblies and related components announced that
Dexter has acquired Rockwell American, based in Azle, Texas, from
American Industrial Partners. Rockwell has been a leading supplier
of trailer axles, leaf springs, fenders and other trailer components
serving multiple market segments across North America for over
35 years. Rockwell has 5 manufacturing locations and operates 16
distribution branches across the United States. Rockwell American
will operate as a division of Dexter.
“We are extremely excited about the opportunity to bring
the Rockwell American business under the Dexter/DexKo
umbrella,” stated Fred Bentley, CEO of DexKo Global. “The
acquisition of Rockwell complements and will be part of our
Dexter business allowing DexKo to continue to accelerate our
growth with great new people, products and segments. We
continue to add strong brands to our portfolio and offer more
quality products to our customers. Combining this with Dexter’s
announcement extending our already industry leading warranty,
shows our commitment to real quality and engineering solutions for
our customers. It really is an exciting time to be part of the DexKo
organization.”
“This is a great opportunity to bring these two companies together
and it will allow us to concentrate on partnering with our current
and new customers,” adds Adam Dexter, President and CEO
of Dexter. The immediate focus is to concentrate on enriching
employee welfare by providing a safe, productive workplace while
adopting Dexter’s philosophy of best in class customer service and
quality, dependable products, and operational excellence.
“By focusing on these areas, we are confident we will help
Rockwell continue to be a valuable supplier to all customers,”
states Dexter. “The team at Rockwell American is very excited by
the opportunities afforded us through our new partnership with
Dexter Axle,” replied Chris Dietemann, President of Rockwell
American. “In the fast changing and increasingly competitive market
we serve, it will give us access to Dexter’s world-class manufacturing
expertise, enabling us to continuously improve product quality and
to maintain our competitive position in the market.”
DexKo Global and Dexter are majority owned by a fund managed by
The Sterling Group, an operationally-focused middle market private
equity firm based in Houston, Texas with $2.4 billion of assets under
management.
For more information, visit DexterAxle.com
More trailer news on page 12
www.natda.org
NATDA Magazine
11