DexKo Global acquires Cerma

DexKo Global Inc. (DexKo) acquired Italy-based Cerma Srl, a specialist in high-precision components for off-highway and industrial end markets, including hydraulic valves and manifolds. Financial terms of the transaction were not disclosed.

“The successful family-owned business has a particularly good reputation in the market. With this acquisition, DexKo will strengthen its hydraulics value chain and further expand its product range in this segment. We are pleased to welcome the Cerma team to DexKo,” stated Fred Bentley, CEO of DexKo.

DexKo, through its AL-KO subsidiary, entered the hydraulics space through the acquisition of Safim Srl, a leading manufacturer of highly engineered hydraulic braking system components used in a range of off-highway applications, in 2019. DexKo further added to its hydraulics business through the acquisition of Fluid-Press Srl, which focuses on the design and manufacturing of hydraulic valves and manifolds, in 2022.

Harald Hiller, president and CEO of AL-KO Vehicle Technology (AL-KO), commented: “Cerma will be a valuable addition to our hydraulics business and will collaborate closely with our neighboring hydraulics operations. As a long-standing proven supplier, we know Cerma and trust the quality and precision of its products.”

Giovanni Pedrinoni, managing Director of Safim, Fluid-Press and Cerma, added that he is looking forward to capitalizing on the joint business opportunities. He said the group will leverage the synergies in its manufacturing capacities and competencies, especially regarding turning, milling, and grinding applications.

Daniele Ruozi, member of the board at Cerma and part of the family that founded the company, will continue to serve the company as Managing Director.