News

Dexter Axle Company, part of the DexKo Global Inc group, has acquired American trailer supply companies Redneck Inc and Redline Products LLC (collectively known as Redneck).

Redneck operates in 20 locations around the United States employing nearly 400 people and has supplied trailer axles and other trailer components and accessories since 1979. Meanwhile Dexter employs more than 3,100 people and has 17 manufacturing facilities and 14 distribution centres around the United States. The partnership that will grow from this acquisition promises to offer an expanded geographical footprint for both companies and will offer its customers a more diverse product portfolio. 

Fred Bentley, CEO of DexKo Global, said: “Adding Redneck under Dexter’s umbrella demonstrates our long-standing commitment to servicing our customers to the highest level. This partnership will further our ability to provide quality products to manufacturers, distributors, dealers, and service centres. The acquisition of Redneck will complement the DexKo family of brands with great people, products, facilities, customers, and provide the opportunity to grow our customer relationships.”

President and CEO of Dexter, Adam Dexter, said: “I am very excited about bringing Redneck into the Dexter family with their great people, customers, and distribution resources. Redneck has long supported the Dexter brand, and this acquisition provides an additional platform to offer our products to their customers. Bringing these two companies together will allow us to concentrate on operational excellence by partnering with our current and new employees, suppliers and customers. Our companies’ core foundations of providing outstanding customer service align exceptionally well.”

Meanwhile, chairman and CEO of Redneck, Ernie Giddens, added: “My family and I are pleased to announce the sale of our combined equity interests in Redneck Inc. and Redline Products to Dexter Axle Company. First and foremost, we want to thank all the loyal customers and employees that have supported our endeavour, some of which have been there with us nearly 40 years. We will always cherish the friendships and relationships we have forged with all of you and your children as they have grown up and become active in your businesses today. We will miss you all and wish you the very best in the years to come.”