Fairbanks Morse Defense to Acquire Rolls-Royce Naval Propulsors & Handling Business

BELOIT, Wis., September 19, 2024 / Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has entered into an agreement with Rolls-Royce to acquire its Naval Propulsors and Handling business. The acquisition will include a range of propellers and waterjets for naval applications, as well as marine handling systems, which enable the deployment […]

Fairbanks Morse Defense Expands Turnkey Solutions with Federal Equipment Company Acquisition

BELOIT, Wis. – January 5, 2022 – Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (“Arcline”), today announced its acquisition of Federal Equipment Company (FEC).  The acquisition significantly expands FMD’s product capabilities and service solutions for shipyard, defense, and industrial customers – with emphasis on its support for and offerings to the […]

Fairbanks Morse Defense Acquires Hunt Valve Company, Inc.

BELOIT, Wis. – September 13, 2021 – Fairbanks Morse Defense, a portfolio company of Arcline Investment Management, has acquired Hunt Valve Company Inc., a specialty manufacturer of naval valves and electromechanical actuators. This acquisition expands FMD’s capabilities and service solutions for shipyard, defense, and industrial customers – including its support for and offerings to the […]

Fairbanks Morse Acquires Ward Leonard

BELOIT, Wis. – Jan. 5, 2021 – Fairbanks Morse, a portfolio company of Arcline Investment Management (“Arcline”), has acquired Ward Leonard Operating, LLC (“Ward Leonard” or the “Company”), a leading provider of motor and control solutions for military applications. This acquisition will expand the scope of power and propulsion equipment and aftermarket services that Fairbanks […]

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