Cummins-Wagner Food Equipment Acquisition: A Strategic Move

Cummins-Wagner Food Equipment Acquisition

Cummins-Wagner Co., Inc., a leading distributor of industrial process and HVAC equipment in Maryland, Pennsylvania, Virginia, and New York, is excited to announce the completion of its acquisition of Food Equipment & Engineering Co. (FEECO).

About FEECO

FEECO, headquartered in Tampa, FL, employs 14 people and is a recognized leader as a full-service distributor and integrator for the food, beverage, citrus, dairy, pharmaceutical, and personal care industries. This acquisition allows Cummins-Wagner to combine its Siewert Classic branches with FEECO, resulting in a company with greater scale and resources to meet the evolving needs of customers, markets, and vendor partners.

Strategic Growth

This acquisition is a key component of Cummins-Wagner’s strategy for steady and manageable growth through new market penetration and acquisition. Doug Ardinger, President and CEO of Cummins-Wagner, emphasized, “Acquiring Food Equipment & Engineering Co. enables us to diversify into the sanitary food and beverage sectors, which are relatively new markets for us. We are excited about the opportunities this presents and the talented employees joining our team.”

Collaborative Future

Dan Orr, President and Owner of FEECO, added, “Joining forces with Cummins-Wagner allows us to leverage our resources, people, product lines, and customers for future growth. This partnership is a win/win for our employees, vendors, and customers.”

Employee Ownership

FEECO employees will now participate in Cummins-Wagner’s 100% Employee Stock Ownership Plan (ESOP). Mark Shaughness, Executive VP and CFO of Cummins-Wagner, noted, “The ESOP is a tremendous benefit. We are thrilled to welcome FEECO personnel as fellow employee owners, allowing them to share in the company’s future success.”

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