Fairbanks Morse Defense Acquires American Fan

Fairbanks Morse Defense Adds U.S. Marine Suppliers (AMMCON, American Fan, Hunt Valve, Maxim Watermakers, RT&D, Samtan, Ward Leonard, FEC)

April 8, 2024

Manufacturing

Fairbanks Morse Defense (a portfolio company of Arcline Investment Management) has expanded its domestic shipbuilding supply chain through a series of add-on acquisitions since 2020, acquiring suppliers including AMMCON, American Fan, Hunt Valve, Maxim Watermakers, Research Tool & Die, Samtan Engineering, Ward Leonard and Federal Equipment Company. The deals broaden FMD's capabilities in fittings, fans/blowers, valves, water treatment, motors and electrical hardware to strengthen onshore production and resilience for U.S. maritime and defense customers.

Fairbanks Morse Defense Acquires Federal Equipment Company

January 5, 2022

Aerospace & Defense

Fairbanks Morse Defense (a portfolio company of Arcline Investment Management) has acquired Federal Equipment Company, a designer and manufacturer of mission-critical shipboard cargo elevators, engineered doors, and material handling systems. The add-on expands FMD's manufacturing and service capabilities for shipyard, defense and industrial customers, with particular emphasis on support for the U.S. Nuclear Navy.

Fairbanks Morse Defense Acquires Fluid Filtration Specialists LLC

December 16, 2021

Industrial Services

Fairbanks Morse Defense (a portfolio company of Arcline Investment Management) has acquired Fluid Filtration Specialists LLC, a U.S.-based provider of flushing, filtration and testing services for marine vessels and heavy-duty engines. The add-on expands FMD's service capabilities for shipyard, defense and commercial marine customers including the U.S. Navy and U.S. Coast Guard.

Fairbanks Morse Defense Acquires Rolls-Royce Naval Propulsors & Handling Business

September 19, 2024

Aerospace & Defense

Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has agreed to acquire Rolls-Royce’s Naval Propulsors & Handling business, including manufacturing campuses in Pascagoula, Mississippi and Walpole, Massachusetts, with the Peterborough, Ontario handling facility to transfer later. The acquisition expands FMD’s naval propulsion, foundry and handling capabilities to better serve U.S. and allied navies and preserves critical manufacturing capacity for the U.S. Navy supply chain.

Fairbanks Morse Defense Acquires Maxim Watermakers

January 18, 2022

Manufacturing

Fairbanks Morse Defense (a portfolio company of Arcline Investment Management) has acquired Maxim Watermakers, a Shreveport, Louisiana-based maker of desalination and water treatment systems for marine defense applications. The deal adds desalination, reverse osmosis and heat-recovery evaporator capabilities to FMD’s turnkey onboard solutions offering to the U.S. Navy, U.S. Coast Guard and other marine customers.

Fairbanks Morse Defense Acquires AMMCON Corp.

March 26, 2024

Aerospace & Defense

Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has acquired Jacksonville-based AMMCON Corp., a manufacturer of fittings and assembled components for naval platforms. The add-on strengthens FMD's turnkey maritime defense capabilities and expands AMMCON's products to additional U.S. Navy, Coast Guard, and Military Sealift Command platforms.