Wolf Theiss

WOLF THEISS ADVISES DEXTER AXLE ON THE ACQUISITION OF AL-KO VT

November 24 2015 - The AL-KO business unit Vehicle Technology of AL-KO KOBER SE resident in Koetz near Augsburg,(Germany), and axle manufacturer Dexter Axle from Elkhart, Indiana (USA), are being merged under the roof of the future "DexKo Global Inc.". The transition is scheduled for 01.01.2016. AL-KO Kober SE shall contribute to DexKo its business unit Vehicle Technology and shall receive in return shares in the new company.

After the merger the new company shall constitute in its specific market segment the largest axle manufacturerin the world with an annual turnover of around 850 Million Euros. AL-KO Vehicle Technology shall continue to control the European and non-American business from its headquarters in Koetz, while Dexter Axle will manage the North-American business from Elkhart.Wolf Theiss served as local legal counsel for Dexter Axle Company in Austria, Czech Republic, Poland and Romania in relation to this transaction.

Partners Bryan W. Jardine (Bucharest) and Michael Lind (Vienna) led the team at Wolf Theiss on this transaction.


More details on the transaction can be found on the links below:

AL-KO Vehicle Technology and Dexter Axle to enter global strategic partnership

Willkie Farr & Gallagher LLP: Willkie and Bracewell advise Dexter Axle Company 

For further information please contact

Barbara Fürchtegott
Barbara
Fürchtegott
Public Relations & Communications Manager
T. +43 1 51510 3808
Schubertring 6
1010 Vienna
Austria

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