Caterpillar dealers Fabco Equipment, Milwaukee, Wis., and John Fabick Tractor Co., Fenton, Mo., plan to merge their companies to create one of the largest Caterpillar dealers in the United States. The expanded organization will be led by Doug Fabick (currently president and chief operating officer of Fabick Cat) as CEO and dealer principal, and his cousin Jeré Fabick (currently president and CEO of Fabco) serving as president and co-dealer principal.
Corporate headquarters of the combined company will be in St. Louis. Fabick and Fabco teams will be working together during the next several months to complete the integration. The companies expect the deal to close June 30.
“The strength, stability and long-term continuity of the Fabick family network of companies will enhance our ability to meet the needs of all the customers who we have the privilege of serving in our combined territories,” said Doug Fabick.
The combined enterprise will operate in a six-state region, including major portions of Missouri and Illinois, one county each in Kansas and Oklahoma, the upper peninsula of Michigan and the entire state of Wisconsin. The combined dealership will include 37 locations, 100 parts drops, and 550 service technicians, totaling more than 1,100 employees.
“The valued customers and partners of each dealership should see very little change in those who call on them or in processes that they are accustomed to and, if they do see changes over time, it will be with improvements that benefit them and make their experience with us even better,” said Jeré Fabick.
John Fabick Sr. founded Fabick Caterpillar in 1917.
Both companies offer equipment rental as well as sales, service and parts for Caterpillar construction machinery, trucks, engines and electric power generation equipment.