DexKo Global acquisition of TexTrail businesses
We are advising DexKo on the transaction
Davis Polk is advising DexKo Global Inc. on DexKo’s acquisition of TexTrail, Inc., Marius Garon, Inc. and Wholesale Trailer Supply, LLC from American Trailer World. The transaction is expected to close by the fourth quarter of 2022, subject to customary closing conditions. Financial terms of the transaction were not disclosed.
DexKo, headquartered in Elkhart, Indiana, employs over 3,800 people in the United States and Canada and operates 18 manufacturing facilities and over 30 company-owned distribution locations. Founded in 1960, DexKo has grown expansively and focused on providing their customers in the utility trailer, recreational vehicle, marine, heavy-duty, agricultural and specialty equipment markets with the industry’s widest breadth of quality products with short lead-times.
Established in 1980, TexTrail has more than 30 locations throughout North America and supplies trailer parts, accessories, tires and wheels to trailer manufacturers, dealers and repair shops. As a leading distributor of trailer parts and accessories, TexTrail has developed a reputation as a trusted name in trailer parts and customers have relied on TexTrail to deliver accurately, on time and consistently.
The Davis Polk corporate team includes partners Cheryl Chan and Leonard Kreynin and associates Rachel Schlosser, Abraham Bane and Natasha D. Shah. Partner Hilary Dengel and counsel Jonathan B. Brown are providing finance advice. Partner David H. Schnabel is providing tax advice. The executive compensation team includes partner Jennifer S. Conway. Partner Pritesh P. Shah is providing intellectual property advice. All members of the Davis Polk team are based in the New York office.