Federal Signal’s Environmental Solutions Group to Acquire Joe Johnson Equipment

Federal Signal’s Environmental Solutions Group to Acquire Joe Johnson Equipment

Acquisition further expands group’s North American market coverage and customer offerings

 ELGIN, Ill. (April 5, 2016) — Federal Signal Corporation’s Environmental Solutions Group has announced its intent to acquire Joe Johnson Equipment (JJE), a leading Canadian-based distributor of maintenance equipment for municipal and industrial markets. The transaction is expected to close by the end of the second quarter of 2016.
Tuesday, April 5, 2016/Author: FSSolutions/Number of views (2096)/Comments (0)/
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Federal Signal Executes Agreement to Acquire Joe Johnson Equipment

Expands North America market coverage and customer offerings

https://www.federalsignal.com/OAK BROOK, Illinois, February 29, 2016 Federal Signal Corporation (NYSE:FSS), a leader in environmental and safety solutions, announced today the signing of a definitive agreement to acquire substantially all of the assets and operations of Joe Johnson Equipment (“JJE”), a leading Canadian-based distributor of maintenance equipment for municipal and industrial markets, for initial consideration of C$108 million (approximately U.S. $79 million), subject to post-closing adjustments. In addition, there is a deferred payment of C$8 million and a contingent earn-out payment of up to C$10 million. The transaction is expected to close by the end of the second quarter of 2016. The Company is also in discussions regarding potential acquisition of JJE’s interests in Chile, which is not expected to be material. 


Thursday, March 3, 2016/Author: FSSolutions/Number of views (1138)/Comments (0)/
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Federal Signal Opens FS Solutions Location in Midland, Texas

Federal Signal Opens FS Solutions Location in Midland, Texas

New center provides parts, service for hydroexcavators, industrial vacuum trucks and chassis

MIDLAND, TEXAS (Feb. 3, 2016) – Federal Signal Corporation’s (NYSE: FSS) Environmental Solutions Group today announced the opening of a new FS Solutions service center in Midland, Texas. Located at 11416 W. County Road 33, the new FS Solutions center is part of the group’s expansion of FS Solutions locations and service offerings in key areas throughout North America.

Monday, February 29, 2016/Author: FSSolutions/Number of views (1654)/Comments (0)/
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