Caterpillar to Acquire Fabick Cat Dealership to Strengthen Midwest Network

Key Facts

1Caterpillar Inc. entered into an agreement to acquire John Fabick Tractor Company, a Cat dealer with over a century of service.

Caterpillar Inc. entered into an agreement to acquire John Fabick Tractor Company, a certified dealer of its products for over 100 years. PR Newswire reported that the acquisition aims to integrate the major regional dealership, which operates across Missouri, Illinois, Wisconsin, and Michigan, into Caterpillar's direct operations to strengthen its Midwest presence.

CAT closed at $819.95 on September 28, 2026, with the stock reaching a session high of $827.57 and a low of $808.2. The move is designed to bolster the company's independent dealer network, as Fabick currently operates 37 locations across its territory, with the transaction expected to close within 30 days pending regulatory approvals.