# Dexter to acquire heavy and light duty axle assets from IMT Group

Dexter, a DexKo Global Inc. company, has agreed to purchase the heavy duty axle and suspension manufacturing assets of Ingersoll Axles and the light duty axle manufacturing assets of Standen's from the IMT Group. The transaction includes locations in Ingersoll, Ontario; Calgary, Alberta; and Indianapolis, Indiana.

- Type: Acquisition
- Announced: 2016-12-21
- Status: announced
- Products: heavy duty trailer axles and suspensions, light duty axles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [IMT Spa](https://endata.com/companies/17031.md) (partner)
- [Dexter](https://endata.com/companies/20941.md) (acquirer)
- [Ingersoll Axles](https://endata.com/companies/20942.md) (target)
- [Standen's](https://endata.com/companies/20943.md) (target)

## Sources

- [newswire.ca](https://www.newswire.ca/fr/news-releases/dexter-signs-agreement-to-purchase-heavy-and-light-duty-axle-assets-from-the-imt-group-607787406.html), 2016-12-21: "Dexter has reached an agreement to purchase the heavy duty axle and suspension manufacturing assets of Ingersoll Axles, along with the light duty axle manufacturing assets of Standen's from the IMT Group"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.