Caterpillar to Acquire John Fabick Tractor Company
Caterpillar has agreed to acquire John Fabick Tractor Company, an independent Cat dealer serving customers in Wisconsin and parts of three other states. The deal is expected to close within 30 days, pending regulatory approval and customary conditions.
The acquisition aims to maintain continuity of customer service and local support for Caterpillar equipment, parts, service, and support solutions. John Fabick Tractor Company has operated as a Cat dealer in its assigned territory, which includes all of Wisconsin, Michigan's Upper Peninsula, and portions of Missouri and Illinois.
Caterpillar expects the acquisition to close within 30 days, subject to regulatory approval and other customary closing conditions. The company stated that the transition will focus on maintaining customer service and local support.