Since 1953, Silent Drive has served the specialty heavy duty suspension market in the US and Canada, offering air suspensions for liftable tags and pushers, drive axle suspensions, and primary and auxiliary lift axles on trailers.
“The addition of Silent Drive to Dexter’s already-diverse product portfolio will further expand our specialty heavy duty and suspension capabilities, allowing continuous growth for both brands,” said Adam Dexter, president and CEO at Dexter. “Our companies’ core foundations of innovation and delivering a quality product align exceptionally well.”
Elkhard IN-headquartered Dexter, founded in 1960, employs more than 2,400 people in the US and Canada, and operates 16 manufacturing facilities.
“Silent Drive has built a solid company, growing through product innovation and customer service,” said Fred Bentley, CEO of DexKo Global. “We appreciate their focus on industry-leading products and look forward to the continued growth this new partnership provides.
“After completing five acquisitions in 2019, this is our first acquisition in 2020. We continue to broaden our industry-leading product offering, expand our geographic reach and diversify our customer base. The acquisition of Silent Drive allows us to do this. The Dexter and Silent Drive teams are committed to building our combined companies and supporting our ‘Together is Better’ culture.”