Fairbanks Morse Acquires Ward Leonard

Fairbanks Morse, a portfolio company of Arcline Investment Management, has acquired Ward Leonard Operating, LLC, a 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 Morse provides to its core customers, including the U.S. Navy, U.S. Coast Guard and the Canadian Coast Guard.

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