M&A Deal Summary

Fairbanks Morse Defense Acquires Federal Equipment

On January 5, 2022, Fairbanks Morse Defense acquired defense company Federal Equipment

Acquisition Highlights
  • This is Fairbanks Morse Defense’s 1st transaction in the Defense sector.
  • This is Fairbanks Morse Defense’s 5th transaction in the United States.
  • This is Fairbanks Morse Defense’s 2nd transaction in Ohio.

M&A Deal Summary
Date 2022-01-05
Target Federal Equipment
Sector Defense
Buyer(s) Fairbanks Morse Defense
Deal Type Add-on Acquisition

Target

Federal Equipment

Cincinnati, Ohio, United States
Federal Equipment designs and manufactures components and systems for the U.S. Navy and U.S. Coast Guard, including its advanced cargo elevators, engineered doors and specialized material handling equipment. Federal Equipment was founded in 1982 and is based in Cincinnati, Ohio.

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Buyer(S) 1

Buyer

Fairbanks Morse Defense

Beloit, Wisconsin, United States
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 6 of 12
Sector (Defense) 1 of 1
Type (Add-on Acquisition) 6 of 11
State (Ohio) 2 of 3
Country (United States) 5 of 10
Year (2022) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-16 Fluid Filtration Specialists

Theodore, Alabama, United States

Fluid Filtration Specialists is a provider of flushing and filtration services for marine vessels and other facilities that operate large, highly sophisticated engines and systems. Fluid Filtration Specialists is based in Theodore, Alabama.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-18 Maxim Watermakers

Shreveport, Louisiana, United States

Maxim Watermakers is a privately-owned provider of desalination and water treatment technologies for marine defense applications. Maxim Watermakers is based in Shreveport, Louisiana.

Buy -
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