Deal facts
- Buyer
- Cemtrex, Inc.
- Target
- Plant Engineering Services, Inc
- Deal value
- USD 3,500,000
- Announced
- 2 July 2026
- Status
- Completed
- Sector
- Industrials
- Country
- United States
- Consideration
- cash, earn-out
Sources
Cemtrex, Inc. has agreed to acquire Plant Engineering Services, Inc. in a strategic acquisition valued at USD 3.5 million. The transaction consideration comprises a combination of cash and earn-out components. Both entities are based in the United States and operate within the Industrials sector. The deal was announced on 2 July 2026, with completion occurring on the preceding day, 1 July 2026.
The acquisition marks a significant consolidation within the US industrial services market. By integrating the target's capabilities, the combined entity aims to expand its operational footprint. Regulatory approvals were secured to facilitate the immediate closing of the transaction. The deal is now complete, finalising the transfer of ownership and control to the acquiring party.
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1 update- CompletedClosed
Cemtrex, Inc. completes acquisition of Plant Engineering Services, Inc
Item 2.01 Completion of Acquisition or Disposition of Assets On July 1, 2026, 2026, Cemtrex, Inc. (the “Company”), through its wholly owned subsidiary Advanced Industrial Services (“AIS”), completed the acquisition of substantially all of the assets of Plant Engineering Services, Inc, an Indiana corporation (“PES”) pursuant to an Asset Purchase Agreement dated July 1, 2026 (the “Asset Purchase Agr
Source
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Buyer history
Cemtrex, Inc.
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