Dexter Acquires HiSpec Wheel & Tire, Inc.
March 17, 2022
NOVI, Mich. – DexKo Global Inc. announced that its wholly-owned subsidiary, Dexter Axle Company (“Dexter”) acquired HiSpec Wheel & Tire, Inc. (“HiSpec”), located in Mishawaka, IN.
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,” stated 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,” added 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,” stated 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,” stated 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.”
For more information, please visit dexko.com.
About DexKo Global Inc.
DexKo Global Inc. is a leading supplier of advanced chassis technology, chassis assemblies and related components with more than 130 years of experience in trailer and caravan components. DexKo Global was founded at the end of 2015 through the combination of Dexter and AL-KO Vehicle Technology. With its headquarters in Novi, Michigan, the company employs more than 7,000 associates with 52 production facilities and 49 distribution centers. DexKo Global Inc. has a turnover of more than US$ 2.2 billion.