MILWAUKEE – November 3, 2026 – Specialized Fabrication Equipment Group LLC (“S.F.E. Group”), a global provider of specialized fabrication, welding, portable machining, and material-handling equipment, is pleased to announce that it has officially joined Enerpac Tool Group following the completion of the acquisition, which was originally announced on July 7, 2026.
This marks an exciting new chapter for S.F.E. Group, bringing together complementary products, technologies, expertise, and global capabilities to create even greater value for customers and partners worldwide.
“We are pleased to welcome the S.F.E. Group team to Enerpac,” said Paul Sternlieb, President and Chief Executive Officer of Enerpac Tool Group. “S.F.E. Group is an exceptional business with premium brands, strong margins, complementary products, and a proven track record of growth. The combination expands our addressable market and strengthens our capabilities in several attractive industrial applications, to create value for our customers, employees, and shareholders.”
“We are excited to join Enerpac Tool Group and begin the next chapter for S.F.E. Group,” said Vinay Varma, President, SFE. “Enerpac’s global reach, technical capabilities, and operational resources provide a strong platform for our continued growth. Together, we are well positioned to deliver even greater value to our customers and partners while continuing to invest in our people, products, and innovation.”
S.F.E. Group’s portfolio includes 12 established brands, including CLIMAX, B&B SUMNER, and AXXAIR. These brands provide equipment and solutions for fabrication, welding, portable machining, and material handling across a wide range of industries, including aerospace and defense, power generation, semiconductor and data centers, oil and gas, manufacturing, utilities, maritime and shipping, mining, and transportation.
As part of Enerpac Tool Group, S.F.E. Group expands the organization’s capabilities across complementary industrial applications and provides increased exposure to higher-growth markets and geographies.
Our commitment to our customers remains unchanged. S.F.E. Group will continue delivering the trusted products, technical expertise, customer support, and innovative solutions that customers and partners have come to expect from our brands.
About Enerpac Tool Group
Enerpac Tool Group Corp. is a premier industrial tools, services, technology, and solutions provider serving a broad and diverse set of customers and end markets for mission-critical applications in more than 100 countries. Its tools and services make complex, often hazardous jobs possible safely and efficiently. The Company delivers mission-critical solutions across high-pressure hydraulics, precision-controlled force, lifting and positioning, pipe preparation, orbital welding and cutting, and on-site services for industrial customers worldwide. Founded in 1910, the Company is headquartered in Milwaukee, Wisconsin, and its common stock trades on the NYSE under the symbol EPAC. For more information, visit www.enerpactoolgroup.com.
About SFE Group
SFE Group is a global industrial equipment company focused on pipe fabrication, welding, machining, and maintenance tools. It was formed in 2019 through the merger of three established brands and subsequent acquisitions to include Climax, B&B Sumner, Axxair, Sumner Material Lifts, TAG, Mathey Dearman, Magnatech, Bortech, Fit-Up Pro, H&S Tool, PPM, and Calder. SFE Group serves industries such as aerospace and defense, power generation, semiconductor and data centers, oil and gas, manufacturing, utilities, maritime and shipping, mining, and transportation. It is based in Houston, Texas, with approximately 350 employees globally at five production facilities and seven rental depots. For further information on SFE Group and its businesses, visit their website at www.sfe-brands.com.