BELOIT, Wis. & PETERBOROUGH, Ontario–(BUSINESS WIRE)– #defense–Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, finalized its acquisition of the Rolls-Royce Naval Handling facility in Peterborough, Ontario. The closing officially establishes the facility as FMD’s Canadian headquarters, expanding the services division and supporting the revitalization of the Canadian defence industrial base. “For nearly a century, Fairbanks Morse has been a proud partner of the Royal