Sweeping Industry News Bulletin
Federal Signal's Environmental Solutions Group to Acquire Joe Johnson Equipment
Elgin, IL – April 2016
Acquisition further expands group's North American market coverage and customer offerings.
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.
Under the terms of the acquisition, JJE will operate as part of Federal Signal's Environmental Solutions Group, a leading provider of street sweepers, industrial vacuum trucks, high-performance waterblasting equipment, sewer cleaners and vacuum excavators for commercial, municipal and industrial customers.
"This acquisition reflects the Environmental Solutions Group's commitment to grow across North America, while remaining close to our core," said Sam Miceli, senior vice president of Federal Signal's Environmental Solutions Group. "JJE brings a comprehensive platform of product, rental and used equipment offerings that will allow us to expand our product portfolio and better serve our dealer network and customers in both the United States and Canada."
"Our company has a proud history of customer focus, excellent service and prudent growth, including expansion of both our reach and our product offerings," said Joe Johnson, Jr., president of JJE. "We are excited to bring our strength in Canada, our rental and other operating capabilities and our experience as a dealer to Federal Signal's Environmental Solutions Group."
A five-year recipient of the prestigious "Canada's Best Managed Companies" award, Joe Johnson Equipment specializes in serving municipalities, municipal contractors and industrial contractors with high-quality products that include Elgin Sweeper street sweepers and Vactor sewer cleaners and vacuum trucks from Federal Signal's Environmental Solutions Group, as well as snow removal and refuse collection equipment. The company also offers rental options, used equipment, parts, service and ancillary equipment.
This announcement comes on the heels of the Environmental Solutions Group's acquisition of Westech Vac Systems, a leading provider of rugged, high-quality vacuum truck-mounted solutions in Western Canada. These acquisitions serve to extend the Environmental Solutions Group's collective footprint in Canada and across the United States, and help to bring about technology and innovation that can be leveraged across North America.
Federal Signal's Environmental Solutions Group is a leading provider of a full range of Elgin street sweepers; Guzzler industrial vacuum trucks; Jetstream high-performance waterblasting equipment; and Vactor sewer cleaners and vacuum excavators for commercial, municipal and industrial customers.
The Environmental Solutions Group also includes FS Solutions, which offers unsurpassed expertise and a unique breadth of environmental cleaning equipment, parts, rental, service and training to meet the needs of industrial cleaning professionals.
Federal Signal Corporation (NYSE:FSS) provides products and services to protect people and our planet. Founded in 1901, Federal Signal is a leading global designer and manufacturer of products and total solutions that serve municipal, governmental, industrial and commercial customers.
Headquartered in Oak Brook, Ill., with manufacturing facilities worldwide, the Company operates two groups: Environmental Solutions and Safety and Security Systems. For more information on Federal Signal, visit: www.federalsignal.com.
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