FENTON, MO — Caterpillar Inc. has entered into an agreement to acquire John Fabick Tractor Company (Fabick), a long-standing Cat dealer with more than 100 years of service and customer relationships across portions of Missouri, Illinois, the entire state of Wisconsin, and the Upper Peninsula of Michigan.
The agreement reflects a customer-focused decision to support a transition of Fabick ownership while maintaining service and local support.
“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.
“We are excited for this next chapter with Caterpillar,” Fabick COO Todd Stanley added. “This will enhance our ability to provide our customers with unmatched services, technology, and expertise.”
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The agreement requires approval by regulatory authorities and is subject to other customary closing conditions.
