M&A Deal Summary

Fairbanks Morse Defense Acquires Breco International

On December 2, 2020, Fairbanks Morse Defense acquired automotive company Breco International

Acquisition Highlights
  • This is Fairbanks Morse Defense’s 1st transaction in the Automotive sector.
  • This is Fairbanks Morse Defense’s 1st transaction in the United States.
  • This is Fairbanks Morse Defense’s 1st transaction in Texas.

M&A Deal Summary
Date 2020-12-02
Target Breco International
Sector Automotive
Buyer(s) Fairbanks Morse Defense
Deal Type Add-on Acquisition

Target

Breco International

Houston, Texas, United States
website
Breco International is a diesel engine parts and service company specializing in the ALCO brand. The company will continue to supply ALCO parts under the Breco name out of its Houston location, which includes a machine and engine rebuild shop. Breco International was formed in 2001 and is based in Houston, Texas.

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Buyer(S) 1

Buyer

Fairbanks Morse Defense

Beloit, Wisconsin, United States

website

Category Company
Founded 1871
Sector Machinery
DESCRIPTION

Fairbanks Morse Defense develops and manufactures heavy-duty, medium-speed reciprocating engines under the Fairbanks Morse and ALCO brand names, which are used primarily in marine and power generation applications. Fairbanks Morse Defense was founded in 1871 and is based in Beloit, Wisconsin.

DEAL STATS #
Overall 1 of 11
Sector (Automotive) 1 of 1
Type (Add-on Acquisition) 1 of 11
State (Texas) 1 of 1
Country (United States) 1 of 10
Year (2020) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-05 Ward Leonard CT

Thomaston, Connecticut, United States

Ward Leonard CT LLC is a provider of motor, generator, control, and MRO (maintenance, repair and overhaul) solutions to a diverse range of Energy, Heavy Industry and Government customers worldwide. Ward Leonard CT was founded in 1892 and is based in Thomaston, Connecticut.

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