M&A Deal Summary

DexKo Global Acquires Ingersoll Axles

On January 4, 2017, DexKo Global acquired machinery company Ingersoll Axles from IMT Group

Acquisition Highlights
  • This is DexKo Global’s 1st transaction in the Machinery sector.
  • This is DexKo Global’s 1st transaction in Canada.
  • This is DexKo Global’s 1st transaction in Ontario.

M&A Deal Summary

Date 2017-01-04
Target Ingersoll Axles
Sector Machinery
Buyer(s) DexKo Global
Sellers(s) IMT Group
Deal Type Divestiture

Target

Ingersoll Axles

Ingersoll, Ontario, Canada
Ingersoll Axles is a provider of specialized heavy duty trailer axles and suspensions across North America

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Buyer(S) 1

Buyer

DexKo Global

Novi, Michigan, United States

Category Company
Founded 2015
Sector Manufacturing
Employees4,500
DESCRIPTION

DexKo Global is a provider of highly engineered running gear technology, chassis assemblies, and related components with over 130 years of trailer and caravan componentry experience. DexKo Global was founded in 2015 and is based in Novi, Michigan.


DEAL STATS #
Overall 5 of 25
Sector (Machinery) 1 of 1
Type (Divestiture) 1 of 4
State (Ontario) 1 of 2
Country (Canada) 1 of 3
Year (2017) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-07 Melbourne Trailer & Caravan Supplies Pty

Chelsea Heights, Australia

Melbourne Trailer & Caravan Supplies Pty Ltd. is a provider of of caravan and trailer axles, leaf springs and other trailer components, serving multiple market segments across Australia

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-01 Tie Down Engineering - Axle Brake & Actuation Assets

Atlanta, Georgia, United States

Tie Down Engineering, Inc. - Axle, Brake & Actuation Assets is a manufacturer of axle and brakes ofr marine industry.

Buy -

Seller(S) 1

SELLER

IMT Group

Cambridge, Ontario, Canada

Category Company
Founded 1914
Sector Automotive
DESCRIPTION

IMT Group is a manufacturer and supplier to the truck-trailer, OEM and Defence industries.


DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Divestiture) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2017) 1 of 1