Caterpillar to acquire John Fabick Tractor, expanding dealer network in Midwest US

Caterpillar Inc. has agreed to acquire John Fabick Tractor Company, a Cat dealer with over 100 years of service across parts of Missouri, Illinois, Wisconsin, and Michigan's Upper Peninsula. The acquisition aims to ensure a smooth transition while maintaining strong local customer support. Caterpillar's CEO highlighted the shared mission to solve customer challenges and grow the service territory. The deal awaits regulatory approval and is expected to close within 30 days.

Caterpillar Inc. holds a market cap of $376.91 billion and a dividend yield of 0.8% as of September 29, 2026, 19:13 WIB. The stock price on Pluang is USD 827.84, showing a 0.96% increase over the day. Despite the recent acquisition news, Pluang order activity leans heavily toward selling, with 75% of orders to sell and 25% to buy, reflecting cautious investor sentiment at this time.