Fri Feb 8, 2019
Author: RV News Staff
DexKo Global Inc., a global leader in highly engineered trailer running gear and chassis assemblies and related components, has signed an agreement to acquire Preston Chassis Industries Pty. Ltd. (PCI) through its wholly-owned Australian subsidiary AL-KO International Pty. Ltd.
PCI has a long history in the Australian caravan industry, supplying high-quality chassis for more than 40 years under the direction of its founders, Fernando “Fred” Pasquale and Orazio “Ozzie” Mammola. PCI manufactures chassis and other products from multiple facilities in Campbellfield, Victoria. Pasquale and Mammola sought a strategic buyer who would continue their legacy and continue to grow the business upon their retirement.
“We are pleased that PCI will become part of DexKo Global,” DexKo Global CEO Fred Bentley says. “PCI has built an impressive legacy based on its commitment to provide high quality products to its loyal customers reliably. We look forward to building on PCI’s success by offering existing and new customers more complete and innovative running gear solutions. This acquisition brings us closer to delivering our DexKo 2020 plan by growing the product offerings available to our customers.”
“As a long-time business partner and supplier, AL-KO, as part of DexKo Global, understands and values what is special about the PCI business and has the ambition and expertise to build upon our reputation and drive the business further,” Pasquale says. “I know that our customers will be in excellent hands.”