Federal Signal Corporation [NYSE: FSS] has finalized the purchase of considerably all the assets and operations of each of Deist Industries, Inc., Bucks Fabricating, LLC, Roll-Off Parts, LLC, and Switch-N-Go, LLC (collectively Deist), all of which are situated in Pennsylvania. The acquisition agreement was earlier inked on November 9, 2021.
Deist has earned a reputation for designing, creating, and selling interchangeable truck body systems for class 3-7 vehicles in the work truck industry and a full line of waste hauling products, including front/rear loading containers and specialty roll-off containers.
Furthermore, Federal Signal Corporation believed that the Deist acquisition, which not only highlights another attractive product line extension but also grows its presence in certain end-markets such as landscaping and waste hauling. The company is looking ahead to joining hands with the Deist management team and backing their vision for the growth of the businesses through a combination of new product advancement, improved distribution coverage, and the realization of other joint synergies.
Federal Signal Corporation has gained recognition for manufacture and distributing high-quality equipment that transports goods, cleans infrastructure, and safeguards the regions where we work and live. Since its inception in 1901, Federal Signal became a prominent global designer, producer, and distributor of products and entire solutions for municipal, governmental, industrial, and commercial customers.