Fairbanks Morse Defense Acquires Federal Equipment Company
January 5, 2022
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.
- Targets
- Federal Equipment Company
- Platforms
- Fairbanks Morse Defense
- Industry
- Aerospace & Defense
- Location
- Ohio, United States
- Transaction Type
- Addon
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