DexKo Global (Dexter) Acquires Progress Mfg. Inc.

December 9, 2021

DexKo Global's wholly owned subsidiary Dexter Axle Company has acquired Progress Mfg. Inc., a Provo, Utah-based maker of integrated sway control hitches and towing accessories (brands include Equal-i-zer and Fastway). The deal expands Dexter/DexKo's portfolio of towing and trailer safety products and broadens its offering to OEM and dealer channels across North America.

Buyers
DexKo Global Inc., Dexter Axle Company
Targets
Progress Mfg. Inc.
Industry
Automotive
Location
Utah, United States
Transaction Type
Buyout

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