Caterpillar To Acquire The Fabick Chain Of Equipment Dealers With A Presence Across Four Midwestern States; Terms Not Disclosed

Caterpillar has announced its intention to acquire the John Fabick Tractor Company, a long-standing dealer with over 100 years of service across Missouri, Illinois, Wisconsin, and Michigan. The acquisition aims to ensure a smooth transition of ownership while maintaining customer service. The deal is pending regulatory approval and is expected to close within 30 days. Financial terms of the acquisition have not been disclosed.