H2 Equity Partners (“H2”) is proud to announce that AL-KO Vehicle Technology Group GmbH (“AL-KO”) has entered into an agreement with H2 to acquire Brink Group (“Brink”). AL-KO is a subsidiary of the American based company DexKo Global (“DexKo”), a global leader in highly engineered trailer running gear, chassis assemblies, and related components. The group incorporates many highly renowned brands.
The integration of Brink into the AL-KO DexKo group provides tangible opportunities for Brink to become a truly global player in the towing industry with state of the art production technology and industry leading products. The Brink team is excited to become part of the DexKo family and to working with the DexKo and AL-KO teams to further develop the business together.
Harald Hiller, President and CEO at AL-KO, commented:
“The strategic fit between Brink and DexKo could not be better. Both companies offer a highly engineered product portfolio critical to safety and performance. This acquisition allows us to expand our product portfolio and operations footprint and gives us access to new regions.”
Sven Arend, CEO at Brink, added:
“This transaction brings great opportunities for both companies. We look forward to working with the DexKo and AL-KO teams and to further developing the business together.”
The transaction is subject to customary closing conditions and regulatory approval and is expected to formally close by September 2021.
About The Brink Group
Brink Group is one of the European market leaders in towing systems with over 75 years’ experience in the automotive sector. Under the motto “Your Perfect Fit”, the Brink Group offers an easy and safe connection between practically any vehicle and the load you want to carry or tow. With this, Brink Group enables millions of end users all over the world to go out and live their active lives. So far, more than 25 million cars have been fitted with a Brink towbar. Brink Group, with its headquarters in Staphorst, the Netherlands, has approximately 700 employees in 8 countries and manufacturing locations in the Netherlands, France, South Africa and Thailand. More information is available at: www.brinkgroup.eu
About H2 Equity Partners
H2 Equity Partners, founded in 1991, is an independent investment firm. H2 focuses on medium sized companies that are uniquely positioned and provide significant growth potential. H2 offers these businesses a combination of capital and active management support to realize untapped potential. H2 has a robust, multi-sector track record in building stronger companies, with a sustainable competitive advantage and profitable growth. The investments by H2’s Amsterdam team are funded through its most recent fund, which was launched in June 2019.