Caterpillar Acquires Fabick Tractor Company
Caterpillar Inc., one of the world's leading manufacturers of construction and mining equipment, has entered into an agreement to acquire John Fabick Tractor Company (Fabick), a long-standing Cat dealer with over 100 years of service in Missouri, Illinois, Wisconsin, and Michigan.
The acquisition reflects a customer-focused decision by Caterpillar to support a seamless transition of Fabick ownership while maintaining the strong service and local support customers value today.
'We're incredibly proud of our team and the customer relationships we've built over the past 100 years,' said Jeré Fabick, Chairman, CEO, and Dealer Principal of Fabick. 'We are excited for this next chapter with Caterpillar. This will enhance our ability to provide our customers with unmatched services, technology, and expertise.'