Caterpillar has completed its acquisition of John Fabick Tractor Company, the Fenton, Missouri-based dealer that trades as Fabick Cat, the equipment maker said on 2 November 2026.
Why Caterpillar Inc. is buying John Fabick Tractor Company (Fabick Cat)
Caterpillar described the purchase as a customer-focused decision to support a seamless ownership transition while keeping the service and local support Fabick customers expect.
“Fabick customers have come to expect outstanding service and support”
Deal terms and financing
Financial terms were not disclosed. The deal was agreed on 29 September 2026 and was expected to close within 30 days, subject to regulatory approval. Fabick will keep its name and remain the legal entity.
Regulatory approvals and timing
Regulatory approvals and other closing conditions have been satisfied and the acquisition has closed.
Market context
Fabick has more than 100 years of history and merged with fellow Cat dealer FABCO in 2016. It sells Cat machines, aerial lifts and emergency power equipment and provides parts, service and rentals. Steve Ferguson, who joined Caterpillar in 1990 and most recently led its Industrial Power Systems division, is now chief executive.
