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Cemtrex Inc. (NASDAQ:CETX), a diversified industrial and technology company, today announced it has signed non-binding letters of intent to acquire two profitable U.S.-based businesses — one in industrial robotics integration and the other in aerospace and defense systems engineering. Combined, the two companies are expected to contribute $15–18 million in annual revenue and $2.5–3 million in operating income on a go forward basis, once closed and integrated.
The robotics integrator specializes in automation systems for agriculture and construction, expanding Cemtrex's footprint in industrial automation and complementing its AIS division. The aerospace and defense firm delivers high-reliability communications and electronics systems for government and commercial customers, adding a new strategic vertical with long-term relevance in national security and space infrastructure.
Combined with Cemtrex's organic growth initiatives, these acquisitions are expected to position the Company to reach $100 million in total revenue and significantly expand the Company's operating profit. Coming off its strongest operating performance in years, Cemtrex believes these additions, if closed, will further advance its evolution into a focused, cash-generating platform spanning security technology, industrial services & automation, and next generation defense and space systems.
Both transactions are in the diligence phase and are subject to definitive agreements and customary closing conditions. Closings are expected to occur in the fourth calendar quarter of 2025. Cemtrex will provide additional updates as material developments occur.
Posted In: CETX