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