Dexter Acquires Axle, Brake, Actuation Assets from Tie Down Engineering

Feb. 2, 2017
DexKo Global Inc. announced that Dexter has acquired the axle, brake and actuation business assets from Tie Down Engineering, Inc., of Atlanta, GA.

DexKo Global Inc. announced that Dexter has acquired the axle, brake and actuation business assets from Tie Down Engineering, Inc., of Atlanta, GA.

Tie Down was founded in 1969 by Chuck MacKarvich, serving the construction, utility, industrial & marine markets. Tie Down will continue to operate, providing products and services from their manufactured housing, roofing, marine and industrial laser divisions.

“By adding Tie Down’s axle, brake and actuation products to our marine product portfolio, we continue to improve our industry leading portfolio of customer solutions. This acquisition broadens our aftermarket offering and as all of our recent acquisitions have done, allows us further growth in adjacent areas,” states Fred Bentley, CEO of DexKo Global.

Dean Samuelson, President of Tie Down Engineering, will continue to lead the acquired business.

“We look forward to offering Tie Down axles, brakes, and actuation to an expanded market, offering the most comprehensive marine running gear in the industry to support all of our combined customers’ requirements,” states Samuelson.

“Becoming part of the Dexter family will help us grow our business with the backing of the industry leader. I am confident that this will be a smooth transition for both our customers and employees.”