DexKo Global Inc. in Novi, which produces engineered trailer running gear, chassis assemblies, and related components, has signed a definitive agreement to acquire TexTrail Inc. from American Trailer World (ATW). Terms of the transaction were not disclosed.
The deal includes two other entities that TexTrail acquired in 2022: Wholesale Trailer Supply, a Sacramento, Calif.-based trailer parts and accessories distributor; and Marius Garon Inc., a distributor of trailer parts and towing accessories based in Quebec City, Quebec. The TexTrail operations will become part of DexKo’s Dexter business unit.
“Adding TexTrail is a transformational opportunity for us. We could not be more excited to welcome the team to DexKo. This acquisition positions us for continued growth and improved capabilities to service our customers more effectively,” says Fred Bentley, CEO at DexKo.
Established in 1980, Mount Pleasant, Tex.-based TexTrail has more than 30 locations throughout North America and supplies trailer parts, accessories, tires, and wheels to trailer manufacturers, dealers, and repair shops.
Dexter, headquartered in Elkhart, Ind., employs more than 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 grown expansively and focused on providing their customers in the utility trailer, recreational vehicle, marine, heavy-duty, agricultural, and specialty equipment markets with multiple products.
“Dexter has always been committed to supporting the best trailer parts distribution network in North America,” says Adam Dexter, president and CEO, Dexter. “With the acquisition of TexTrail, it further solidifies Dexter’s leading position to support trailer manufacturers, dealers, and service locations.