About This Deal
Federal Signal Corporation acquired Joe Johnson Equipment (JJE) for US$96.6 million initial (plus deferred C$8.0M and contingent consideration), a transaction announced in June 2016.
Acquired the Canadian-based distributor of municipal and industrial maintenance equipment to broaden the aftermarket/distribution platform and expand Federal Signal's footprint across North America.
Acquired the Canadian-based distributor of municipal and industrial maintenance equipment to broaden the aftermarket/distribution platform and expand Federal Signal's footprint across North America.
Deal Terms
Acquirer
Federal Signal Corporation
Target
Joe Johnson Equipment (JJE)
Value
US$96.6 million initial (plus deferred C$8.0M and contingent consideration)
Date
June 2016
Type
Full acquisition
Status
Completed
Transaction Details
Announced
June 3, 2016
Advisors
Advisory firms were not disclosed for this transaction.
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Sources:
Press release ↗
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