Fairbanks Morse Defense (FMD) on Tuesday said it has acquired Maxim Watermakers, a small company providing water treatment products and solutions for Naval, marine and other customers, in a deal that builds out its product line and adds to its capabilities a turnkey service solutions provider for the U.S. Navy and Coast Guard.
Terms of the deal were not disclosed. Maxim, which is based in Louisiana, has 16 employees and went to market with third party contractors for testing and installation at locations around North America. The company has a 50,000-square foot manufacturing facility.
FMD will take on more of the field-testing, maintenance and installation by cross-training its existing 150 or so field service technicians in the U.S. and Canada.
Maxim manufactures water treatment systems used to provide water for crews during ship deployments.
“What we do is critically important to the safety of our nation and the world, and FMD is firmly committed to being a single-source partner who can deliver turnkey services when and where our customers need us with no time to spare,” George Whittier, FMD’s CEO, said in a statement. “Maxim has a strong reputation of producing high-quality water treatment systems with a customer-centric approach, which makes it a great addition to our rapidly growing array of best-in-class marine technologies.”
In addition to the deal for Maxim, FMD’s recent acquisitions in the naval product and services space include Federal Equipment Company, Hunt Valve Company, Ward Leonard, and Welin Lambie.