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Fairbanks Morse Defense acquires Vestdavit for expansion

PRIVATESep 10, 2025

Acquiring Company

Fairbanks Morse Defense

Acquired Company

Vestdavit

BeloitBergenManufacturingmachineryManufacturing

Description

Fairbanks Morse Defense has acquired Vestdavit to enhance its marine handling systems capabilities. The acquisition strengthens FMD’s global position in mission-critical maritime equipment. Vestdavit will leverage FMD’s infrastructure to improve customer service. This follows FMD’s earlier acquisition of Rolls-Royce Naval Propulsors, marking an expansion in naval operations.

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Company Information

Company

Fairbanks Morse Defense

Location

701 White Avenue

Beloit, Wisconsin, United States

About

Fairbanks Morse Defense (FMD) is the leading provider of the highest value equipment for naval defense customers. For more than 100 years, FMD has been a principal supplier of reliable power systems, parts, and aftermarket services to the U.S. Navy, U.S. Coast Guard, Military Sealift Command, and the Canadian Coast Guard. Through its six strategically located service centers and a robust aftermarket team, FMD is able to provide round-the-clock field service and parts support. Additionally, its suite of full lifecycle solutions extends asset life and enables it to run more efficiently. With a growing portfolio of companies under the FMD brand, the company continues to integrate these mission-critical products and innovative service solutions to power marine defense. FMD, a portfolio company of Arcline Investment Management, is based in Beloit, Wisconsin.

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Frequently asked

Who acquired Vestdavit?

Vestdavit was acquired by Fairbanks Morse Defense, based in Beloit. The deal was reported on September 10, 2025. Fairbanks Morse Defense (FMD) is the leading provider of the highest value equipment for naval defense customers. Fairbanks Morse Defense is privately held and operates in Manufacturing.

When did Fairbanks Morse Defense acquire Vestdavit?

Fairbanks Morse Defense's acquisition of Vestdavit was reported on September 10, 2025. Fairbanks Morse Defense has acquired Vestdavit to enhance its marine handling systems capabilities. The acquisition strengthens FMD’s global position in mission-critical maritime equipment. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Vestdavit do?

Vestdavit designs, supplies and supports tailor-made solutions for launching and recovering manned and unmanned craft in difficult conditions at sea. It is privately held, operating in Manufacturing, and is based in Bergen.

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