The Heico Companies Acquires Kershaw

November 3, 2025

The Heico Companies has acquired Kershaw, a supplier of rail maintenance and vegetation management equipment, adding the business to Heico’s Heavy Equipment Segment alongside Pettibone, BARKO and ARDCO. Kershaw, formerly part of Progress Rail (a Caterpillar company), will support Heico’s capability and market expansion in rail, forestry and maintenance-of-way equipment markets.

Buyers
The Heico Companies
Targets
Kershaw
Sellers
Progress Rail (a Caterpillar company)
Industry
Manufacturing
Location
Alabama, United States
Transaction Type
Buyout

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