Generac acquires North Dakota firm

Special to The Freeman

Oct. 2, 2014

WAUKESHA — Generac Holdings Inc. announced this week it has purchased MAC, Inc. and its related entities.

MAC makes commercial and industrial heaters and was established in 1983. It is headquartered in Bismark, N.D. and has about 100 employees. It primarily serves the oil, gas and construction markets.
Generac President and CEO Aaron Jagdfeld said the acquisition would expand his company’s “growing mobile products platform.”

“In addition to gaining immediate access to a broad lineup of mobile heating equipment that is essential to colder climate oil & gas and construction sites, this acquisition creates cross-selling opportunities with our existing mobile products distribution,” Jagdfeld said.

MAC President and CEO Michael Seifer said the deal would provide the best opportunity for continued growth.

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. The purchase closed on Oct. 1, terms of the transaction were not announced.

www.generac.com

www.macheaters.com