Dexter Axle acquires Titan International’s brake and actuator business assets

Titan International has announced the sale of the assets of its North American brake and actuator business to Dexter Axle. The sale covers an extensive line of brakes, actuators, couplers and hubs for trailer applications; these were produced as part of Titan’s consumer segment.

“Dexter has been a leader in this industry for over 50 years and we wish them the best in the integration of the Titan product portfolio into their current offering,” stated Titan International president Paul Reitz. “While this business was not aligned with our core wheel, tyre, assembly and undercarriage businesses, we are excited for the opportunity this sale creates for the employees and customers who will now be a part of Dexter Axle.”

“We are very excited to add the Titan brake and actuator lines into our product offering,” added Deter Axle president and chief executive officer Adam Dexter. “Titan has a history of quality and innovation that will fit nicely within our existing culture.”

“Over the next several weeks, we will begin integrating the Titan brake and actuator products into our product portfolio,” said Bryan Thursby, Dexter Axle’s vice-president of sales and marketing. “We are eager to bring the additional options to our current customers and are looking forward to meet with and continue serving Titan’s customers.”