Generac Holdings, a leading manufacturer of power generation equipment and other engine-powered products, has acquired MAC Inc. and its related entities. Based in Bismarck, N.D., MAC is a manufacturer of premium-grade commercial and industrial mobile heaters within the United States and Canada. MAC primarily serves the oil and gas and construction markets, as well as other industrial sectors. MAC sold its rental division to Sunbelt Rentals last year.
The MAC management team will continue to lead the company and the MAC product brand will be retained and become part of Generac’s group of brands. The purchase agreements were executed and the transaction simultaneously closed on Oct. 1. Terms of the transaction were not disclosed.
“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 upcycle in the oil-and-gas market,” said Aaron Jagdfeld, president and CEO. “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.”
Generac is based in Waukesha, Wis.
