Hauppauge, NY, Aug. 25, 2025 (GLOBE NEWSWIRE) -- 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.
"These potential acquisitions directly align with our long-term strategy to expand into high-value markets with strong macro tailwinds," said Saagar Govil, Chairman and CEO. "We believe both businesses bring meaningful scale, margin, and strategic capabilities to the Cemtrex platform."
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.
"This marks a meaningful step toward our goal of building a $150 million+ platform with durable earnings power and attractive operating margins," Govil added. "Not only do these businesses add revenue and income, they bring long-term capabilities in sectors where the next decade of growth will happen."
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.
About Cemtrex
Cemtrex, Inc. (Nasdaq: CETX) is a diversified technology company operating in the Security and Industrial sectors. Its Security segment, led by Vicon Industries, provides advanced video management software, high-performance security cameras, and integrated surveillance solutions for enterprise, government, and critical infrastructure. The Industrial segment, through Advanced Industrial Services (AIS), delivers expert rigging, millwrighting, process piping, and equipment installation services to manufacturers nationwide. With a focus on innovation, execution, and strategic growth, Cemtrex is committed to enhancing safety, efficiency, and value for its customers and shareholders.
For more information, visit www.cemtrex.com.
Investor Relations:
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Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the closing of the offering, gross proceeds from the offering, our new product offerings, expected use of proceeds, or any proposed fundraising activities. These forward-looking statements are based on management's current expectations and are subject to certain risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by such forward looking statements. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. These risks and uncertainties are discussed under the heading "Risk Factors" contained in our Form 10-K filed with the Securities and Exchange Commission. All information in this press release is as of the date of the release and we undertake no duty to update this information unless required by law.
