Caterpillar Acquires Fabick Cat in Customer-Focused Deal

Caterpillar Inc. has entered into an agreement to acquire John Fabick Tractor Company (Fabick), a Cat dealer with over 100 years of experience in Missouri, Illinois, Wisconsin, and Michigan.

The acquisition reflects Caterpillar's customer-focused approach, aimed at supporting a seamless transition of Fabick ownership while maintaining the strong service and local support that customers value today.

Caterpillar Chairman and CEO Joe Creed stated, 'Caterpillar and Cat dealers share a common mission of solving our customers' toughest challenges.'

The agreement requires approval from regulatory authorities and is subject to other customary closing conditions. The transaction is expected to close within 30 days.