Dexter Axle Co., a wholly owned subsidiary of Novi’s DexKo Global that produces engineered trailer running gear, chassis assemblies, and related components, has acquired the business and assets of Premium Supply in Greenville, Texas.
Premium Supply specializes in custom trailer hoists, hydraulic kits, pumps, controls, and accessories. The company has distributed these products and kits to the tilt, dump, and utility trailer markets from a warehousing and kitting facility in Greenville.
“Over the past six decades, Dexter has developed the most diverse product offering in the industry,” says Adam Dexter, president and CEO of Dexter. “The Premium Supply business is a natural fit with the Dexter organization. Their industry and product knowledge will enable our companies to better serve the marketplace.”
Founded in 1960 and headquartered in Elkhart, Ind., Dexter employs more than 3,800 people in the U.S. and Canada and operates 18 manufacturing facilities and over 30 company-owned distribution locations. It serves the utility trailer, recreational vehicle, marine, heavy-duty, agricultural, specialty equipment manufacturers, and distribution partners markets.
“Together, we will drive exciting industry developments and offer a full range of towing solutions for our dump and tilt customers,” says Fred Bentley, CEO of DexKo Global. “Premium Supply customers should expect to see substantial benefits from DEXTER’s extensive national footprint for servicing large and small OEMs, dealers, and service centers in the dump trailer market. Additionally, our combined supply chain expertise will enhance our ability to service customers with just-in-time delivery.”
Mark Huddleston, president of Premium Supply, says: “This partnership is a great cultural fit, aligning resources to further our goal of providing the best service and customer experience in the industry.”