# Dexter Axle to acquire IMT Group's axle business

Dexter Axle Co. has agreed to acquire IMT's light-, medium-, and heavy-duty axles business, including the Ingersoll Axles division in Ontario and Indiana, and the light-duty Axles division of IMT Standen's in Alberta. The transition is expected within weeks.

- Type: Acquisition
- Announced: 2016-12-27
- Where: Ingersoll, Ontario; Indianapolis, Indiana; Calgary, Alberta, Canada
- Status: announced
- Products: light-, medium-, and heavy-duty axles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [IMT Spa](https://endata.com/companies/17031.md) (partner)
- [Ingersoll Axles](https://endata.com/companies/20942.md) (target)
- [Dexter Axle Co.](https://endata.com/companies/21020.md) (acquirer)
- [IMT Standen's Limited Partnership](https://endata.com/companies/21021.md) (target)

## Sources

- [truckinginfo.com](https://www.truckinginfo.com/news/imt-group-axle-business-acquired-by-dexter-axle), 2016-12-27: "Dexter Axle Co. has agreed to acquire IMT's light-, medium-, and heavy-duty axles business, the IMT group announced."

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