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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