DexKo Global, which specializes in engineered trailer running gear, chassis assemblies and related components, has completed the acquisition of Aguti Produktentwicklung & Design, based in Langenargen, Germany.
This “strategic acquisition” enables DexKo’s AL-KO Vehicle Technology business to expand its portfolio to include seats and seating system solutions for commercial and leisure vehicles, “and to continue the group’s strong growth trajectory”. Financial terms of the transaction have not been disclosed.
Aguti has been providing seat systems and seat-connections for motorhomes, electric vehicles and specialty vehicles since its foundation in 1992. The company is said to be an innovation leader in the construction of patented special solutions, which are developed and tested in its own center of expertise.
The experienced management team, led by company founder and managing partner Andreas Grieger and managing director Sebastian Janssen, will remain with the business and the Aguti brand will continue under the AL-KO umbrella brand.
Fred Bentley, CEO of DexKo, commented, “We are very happy that Aguti will become part of the DexKo family. Aguti distinguishes itself through high-quality and innovative products and enjoys an excellent reputation with business partners and customers. It’s a perfect match with DexKo. We will continue to intensively pursue such value-adding partnerships that improve our product offering and service level in the future.”
Andreas Grieger commented, “Finding a strong and reliable partner in AL-KO was very important to us, as this will enable us to execute our long-term strategy. It opens up access to additional markets outside of our core business and in new geographies.”