Generac Holdings Inc., Waukesha, Wis., manufacturer of power generation equipment and other engine powered products, announced the purchase of MAC Inc. and its related entities, a manufacturer of commercial and industrial mobile heaters based in Bismarck, N.D. Generac said the acquisition will enhance the company’s access to the oil and gas market.
“The acquisition of MAC is an exciting development for Generac as it further expands our growing mobile products platform by adding a strong brand of industrial heaters and increases our access to the projected long term up-cycle in the oil and gas market” said Aaron Jagdfeld, president and chief executive officer. “In addition to gaining immediate access to a broad lineup of mobile heating equipment that is essential to colder climate, oil and gas and construction sites, this acquisition creates cross-selling opportunities with our existing mobile products distribution.”
MAC, established in 1983 and with approximately 100 employees today, primarily serves the oil and gas and construction markets, as well as other industrial sectors through national equipment rental companies and independent dealers, providing a line of flameless, indirect-fired and hydronic surface heaters. The MAC management team will continue to lead the company and the MAC product brand will be retained and will join Generac’s family of brands.