IMT Group Axle Business Acquired by Dexter Axle

December 27, 2016

SHARING TOOLS        | Print Subscribe

Dexter Axle Co. has agreed to acquire IMT’s light-, medium-, and heavy-duty axles business, the IMT group announced.

The IMT divisions to be acquired by Dexter consist of the Ingersoll Axles division of IMT Partnership in Ingersoll, Ontario, Canada, and Indianapolis, Indiana, and the light-duty Axles division of IMT Standen’s Limited Partnership in Calgary, Alberta, Canada.

Dexter is a manufacturer of trailer axles and trailer brakes with facilities in the U.S., and the acquisition will extend Dexter’s reach into Canada.

“Ingersoll Axles and Standen’s are leaders in the axle business in Canada,” said Jim Hacking, CEO of the IMT Group. “This transaction will represent another significant expansion for Dexter and will give our IMT axle products increased market exposure.”

The transition of IMT’s axle business to Dexter is expected to occur within weeks, according to IMT. The change will not interrupt business to customers, suppliers or employees. Once the transaction is completed, Ingersoll Axles and the light-duty axles division of Standen’s will operate as fully integrated divisions within the Dexter group of companies.

Comment On This Story

Comment: (Maximum 2000 characters)  
Leave this field empty:
* Please note that every comment is moderated.


We offer e-newsletters that deliver targeted news and information for the entire fleet industry.


ELDs and Telematics

sponsored by
sponsor logo

Scott Sutarik from Geotab will answer your questions and challenges

View All

Sleeper Cab Power

Steve Carlson from Xantrex will answer your questions and challenges

View All