By Mike D. Smith Published 3:09 pm, Thursday, January 5, 2017

Thursday, January 25, 2018

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A global trailer running gear and chassis assembly company that is majority-owned by a Houston private equity firm has acquired two vehicle components manufacturers. Dexter — part of DexKo Global — has acquired Ingersoll Axles’ assets that build heavy duty axles and suspension systems. The company also has acquired light duty manufacturer Standen. Ingersoll Axles and Standen will be merged into one company and operate as a subsidiary of Dexter. Dexter plans to acquire Ingersoll Axles’ manufacturing locations in Ontario, Alberta and Indianapolis. Houston-based The Sterling Group owns a majority of DexKo Global and Dexter.