Caterpillar to acquire Fabick Cat dealership

Caterpillar Inc. has entered into an agreement to acquire John Fabick Tractor Co., known as Fabick Cat, a longtime Cat dealer serving portions of Missouri and Illinois, all of Wisconsin and Michigan’s Upper Peninsula.

The acquisition is intended to support a transition in ownership while maintaining customer service and local support across the dealership’s territory.

“Caterpillar and Cat dealers share a common mission of solving our customers’ toughest challenges,” said Joe Creed, Caterpillar chairman and CEO. “We look forward to continuing to work 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.”

“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 Cat.

Fabick COO Todd Stanley added, “We are excited for this next chapter with Caterpillar. This will enhance our ability to provide our customers with unmatched services, technology and expertise.”

Fabick Cat operates 37 locations across its territory, supplying equipment and services for construction, agriculture, infrastructure maintenance and other applications.

The agreement is subject to regulatory approval and other customary closing conditions. The transaction is expected to close within 30 days.