DexKo Global Acquires De Haan Metaaltechniek B.V.
DexKo Global Inc. (“DexKo”), a global leader in highly engineered trailer running gear, chassis assemblies, related components and hydraulic brake applications, has completed the acquisition of De Haan Metaaltechniek B.V. (“De Haan”), a European designer and manufacturer of high quality fenders.
This strategic acquisition will expand the product portfolio of AL-KO Vehicle Technology Group (“AL-KO”) with a large range of fenders as well as toolboxes for trailers up to 3.5t and will allow DexKo to continue the group’s strong growth trajectory. De Haan was founded in 1924 and is located in Soesterberg, Utrecht, the Netherlands. The family-owned company is a manufacturer and distributor of trailer equipment including fenders made out of galvanized steel, checker plate aluminum and plastic, and aluminum and plastic toolboxes.
“We look forward to uniting the strengths of the De Haan team with those of DexKo. We are pleased to invest in AL-KO’s continued growth in the commercial trailer segment”, stated Fred Bentley, Chief Executive Officer of DexKo.
“We will be able to offer existing and new customers all variants of fenders from a one-stop source, and we will leverage the strengths of our European AL-KO network to expand the geographical reach of De Haan products”, said Harald Hiller, President and CEO at AL-KO.
“Finding a strong and reliable partner was very important to us. We are very happy now that De Haan will become a part of DexKo. De Haan has been a long-term supplier for AL-KO, and the combination offers great opportunities for the future”, commented the owners of De Haan, Ingeborg de Haan and Marijke de Haan, who will support the transition period to AL-KO until they will retire from the business.
Financial terms of the transaction were not disclosed.