03/10/2019

3 October 2019
3 October 2019, Comments Comments Off on DexKo Global Inc. acquires seating systems manufacturer, Aguti
DexKo Global Inc. acquires seating systems manufacturer, Aguti

To expand its product portfolio for commercial and leisure vehicles, DexKo Global Inc., the global supplier of trailer running gear, chassis assemblies and related components, has signed an agreement to acquire seats and seating systems supplier, Aguti Produktentwicklung & Design GmbH (Aguti). The transaction is subject to the customary closing conditions and regulatory approval.

Aguti provide seat systems and seat-connections for motorhomes, electric vehicles and specialty vehicles. Since its foundation in 1992, Aguti has been designing seating systems specially tailored to its customers’ requirements for style, flexibility, safety and ergonomics. Aguti is a leader in the construction of patented special solutions, developed and tested in its own center of expertise.

The acquisition enables AL-KO Vehicle Technology to continue to execute its long-term growth strategy and further diversify its business. The experienced Aguti 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 in its existing form as a brand 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 pursue such value-adding partnerships that improve our product offering and service level in the future.”

Harald Hiller, President and CEO of AL-KO, added: “By integrating Aguti, we are expanding our core business. Thanks to its center of expertise, the company is a leader in the field of flexible and customer-specific solutions. We value Aguti’s significant technical know-how and creative expertise. It is of vital importance to me that the entire Aguti management team is retained in its existing form.”

Andreas Grieger, Aguti founder and managing partner, 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.”