Effective January 1, the company was acquired by CK Power, a manufacturer of power generation and off-highway mobile power solutions based out of St. Louis. CK Power says the acquisition will expand its equipment portfolio and grow its footprint in various energy markets.

“We see tremendous value in the Terramac product line,” says Clayton Costello, VP of Marketing and Corporate Strategy at CK Power. “Terramac carriers are rugged and durable machines that are modernising remote access construction across an infinite number of markets. We’re confident our acquisition will result in offering more productivity for our customers while strengthening our partnerships.”

According to the companies’ joint announcement, the integration of the two companies is already underway. Terramac will continue operating out of its headquarters in Elburn, Illinois, and will retain its branding.

CK Power says it will also retain Terramac’s current infrastructure and the Terramac dealer network while integrating CK Power’s manufacturing and distribution knowledge into its processes.