DexKo Global Inc., a global provider of trailer running gear, chassis assemblies, and related components in Novi, has completed the acquisition of Cerka Industries Ltd. in Milton, Ontario. Details of the transaction were not released.
Cerka specializes in manufacturing trailer axles and distributing trailer components to dealers and OEMs across Canada.
“Adding the Cerka team to the Dexter organization will further support our distribution network for the trailer dealers and OEM customers in Canada,” says Adam Dexter, CEO of Dexter. “This strategic partnership supports our dedication to building an extensive network supplying high-quality products to the Canadian marketplace.”
Dexter, which is owned by DexKo Global, is headquartered in Elkhart, Ind.. The company employs more than 3,800 people in the U.S. and Canada, operates 20-plus manufacturing facilities, and more than 50 company-owned specialty distribution locations.
“We are energized by the growth opportunity that comes with the addition of Cerka,” says Fred Bentley, CEO of DexKo Global. “We continue to focus our strategies to grow our specialty distribution business and increase our reach in Canada, improving our ability to service dealer and OEM customers. Bringing the knowledgeable Cerka team to Dexter was a seamless and meaningful addition to our portfolio.”
Founded in 1960, Dexter has served the utility trailer, recreational vehicle, marine, heavy-duty, agricultural, and specialty equipment manufacturers, distribution partners, and dealers across North America ever since.
“Since 1976, my father, Peter Cerka, worked tirelessly to build Cerka Industries,” says Leigh-Ann Morris, lead shareholder of Cerka. “It was his lifelong passion. We are pleased to pass the torch to DexKo, our trusted supplier for many years. We know DexKo is the perfect partner to continue our father’s legacy as a leader in the Canadian trailer industry.”
