DexKo Global Inc. completes acquisition of Brink International
Acquisition aimed to expand product portfolio and operations footprint and to give access to new adjacent end markets
NOVI, Mich., KÖTZ, Germany and STAPHORST, Netherlands, Oct. 7, 2021 /PRNewswire/ -- DexKo Global Inc. ("DexKo"), a global leader in highly engineered trailer running gear, chassis assemblies and related components, has completed the acquisition of European towbar solutions specialist Brink International. This strategic acquisition enables its subsidiary
Based in the Netherlands, Brink employs 900 colleagues in eight countries. Brink has a leading market position and a premium brand. Brink and AL-KO offer a highly engineered product portfolio critical to safety and performance. Brink's product portfolio includes fixed, detachable, retractable, and next generation towbars. The connection between towbars and trailer couplings is a natural extension for DexKo that expands DexKo's technological scope. With this new business unit, AL-KO will employ approximately 3,800 employees at more than 40 locations worldwide.
"We are very excited to welcome Brink into the DexKo family," said Fred Bentley, CEO of DexKo Global. "This acquisition expands our global leadership position, providing an extension into new products and technology and substantially growing our presence in the aftermarket. Brink is in an excellent business that is a great strategic fit with DexKo. We are looking forward to working with the management team and Brink employees to pursue continued growth."
About DexKo Global
The AL-KO Vehicle Technology Group ("AL-KO") is a global technology group and a wholly owned subsidiary of DexKo Global. With high-quality chassis and suspension components for trailers, leisure and commercial vehicles, and construction and agricultural vehicles, the group represents the best in functionality, maximum comfort as well as innovations to ensure greater driving safety. AL-KO includes the 15 international brands AL-KO, Aguti, Bankside Patterson, Bradley, Brink, CBE, cmtrailer parts, E&P Hydraulics, G&S Chassis, Hume, Nordelettronica, Preston Chassis, SAFIM, SAWIKO and Winterhoff. Founded in 1931 the group today has around 3,800 employees and more than 40 locations worldwide. Find out more at www.alko-tech.com.
About Brink Group
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SOURCE DexKo Global Inc.
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