Caterpillar agrees to acquire John Fabick Tractor Company, a Cat dealer
Caterpillar said the deal is expected to close within 30 days, subject to regulatory approval and other customary closing conditions.
GetSignal Caterpillar Inc. CAT
Caterpillar Inc. has entered into an agreement to acquire John Fabick Tractor Company, known as Fabick Cat, a Cat dealer with more than 100 years of service and customer relationships. The agreement was announced on September 29, 2026.
Fabick Cat is the Cat dealer for portions of Missouri, Illinois, the entire state of Wisconsin and the Upper Peninsula of Michigan. It operates in 37 locations across that territory.
Caterpillar said the agreement reflects a customer-focused decision to support a smooth transition of Fabick ownership while maintaining the service and local support customers know. The agreement requires approval by regulatory authorities and is subject to other customary closing conditions. The company expects the transaction to close within 30 days.
Joe Creed, Caterpillar chairman and CEO, said the company looks forward to working with the Fabick team to build on a century of success, further strengthen the customer experience and drive long-term growth across the service territory. Jeré Fabick, chairman, CEO and dealer principal of Fabick, said the team is proud of the customer relationships built over the past 100 years.
Todd Stanley said the next chapter with Caterpillar will enhance Fabick's ability to provide customers with services, technology and expertise.
Key facts
- Target
- John Fabick Tractor Company (Fabick Cat)
- Territory
- Portions of Missouri, Illinois, the entire state of Wisconsin and the Upper Peninsula of Michigan
- Locations
- 37
- Expected close
- Within 30 days, subject to regulatory approval and other customary closing conditions
Source: The company's release on PR Newswire, September 29, 2026.
Written by GetSignal with AI from the company's press release.
Not investment advice.
