# Fairbanks Morse Defense acquires Federal Equipment Company

Fairbanks Morse Defense acquired Federal Equipment Company, including its Military and commercial businesses, to expand product capabilities for shipyard, defense, and industrial customers. The acquisition was announced on January 5, 2022.

- Type: Acquisition
- Announced: 2022-01-05
- Where: Cincinnati, Ohio, United States
- Status: completed
- Products: cargo elevators, engineered doors, specialized material handling equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Material Handling](https://endata.com/sectors/material-handling.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Arcline Investment Management](https://endata.com/companies/5302.md) (investor)
- [Fairbanks Morse Defense](https://endata.com/companies/8380.md) (acquirer)
- [Federal Equipment Company](https://endata.com/companies/60124.md) (target)
- [Maxim Watermakers](https://endata.com/companies/60430.md) (target)

## Sources

- [arcline.com](https://arcline.com/fairbanks-morse-defense-expands-turnkey-solutions-with-federal-equipment-company-acquisition/), 2022-01-05: "Fairbanks Morse Defense is committed to the values that define us as a leading defense contractor. The capabilities, experience, and quality reputation that we’re acquiring with FEC reinforce this commitment and solidify our position as a proven, single-source provider to our naval customers."
- [beloitdailynews.com](https://www.beloitdailynews.com/news/fairbanks-morse-acquires-federal-equipment-company/article_e7fa0efe-724b-11ec-a1ca-979c4489fe91.html), 2022-01-11: "Fairbanks Morse Defense (FMD) has acquired Federal Equipment Company (FEC), which like Fairbanks has contracts with the U.S. Navy and Coast Guard."
- [businesswire.com](https://www.businesswire.com/news/home/20220117005496/en/Fairbanks-Morse-Defense-Acquires-Maxim-Watermakers), 2022-01-18: "Maxim has a strong reputation of producing high-quality water treatment systems with a customer-centric approach, which makes it a great addition to our rapidly growing array of best-in-class marine technologies."
- [seapowermagazine.org](https://seapowermagazine.org/fairbanks-morse-defense-acquires-maxim-watermakers/), 2022-01-21: "Maxim has a strong reputation of producing high-quality water treatment systems with a customer-centric approach, which makes it a great addition to our rapidly growing array of best-in-class marine technologies."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.