Dexter Transaction Complete

A deal announced in October between Dexter and AL-KO Vehicle Technology has been finalized.

DexKo Global Inc. emerged as the parent company of the combined companies.

Fred Bentley, a Dexter board member and former CEO of Maxion Wheels, has been named the President and CEO of DexKo Global Inc.

Adam Dexter will continue as President and CEO of U.S.-based Dexter, and Harald Hiller will continue as President of AL-KO VT.

The Sterling Group manages funds that comprise majority ownership of the combined company, and Sterling Group Partner Kevin Garland will continue to serve as Chairman of the Board.

Stefan Kober, CEO of AL-KO Kober SE, assumes the role of Vice Chairman of the Board.

Dexter

Member since 2013

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