Cemtrex Inc completed its acquisition of Plant Engineering Services, Inc. on 2026-07-01, according to the Form 8-K Cemtrex Inc filed with the SEC on 2026-07-06. The filing states a price of $3.5 million.
| Acquirer | Cemtrex Inc |
|---|---|
| Acquired | Plant Engineering Services, Inc. |
| Completed | 2026-07-01 |
| Price stated in the filing | $3.5 million |
| Reported by | Cemtrex Inc (CETX), the buyer |
| Filing | Form 8-K, filed 2026-07-06 |
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What the filing says
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 Agreement") by and among AIS Engineering, Inc., a newly formed wholly owned subsidiary of AIS ("Buyer"), PES, and Mark Bohler, an individual residing in state of Indiana ("the "Owner" and collectively with the PES, the "Seller Parties").
The price, in the filing's words
As a result of the transaction, PES's business operations have been integrated into the Company's Industrial Services Segment, and Buyer has become the owner of the acquired assets The purchase price for the business assets was $3,500,000, in cash, subject to a customary working capital adjustment, plus the assumption of certain liabilities.
More from the filing
Additionally, the Seller Parties are eligible to receive up to approximately $1,750,000 in contingent earnout consideration over a three-year period based on the achievement of specified gross profit targets.
The Agreement has been included to provide investors with information regarding its terms.
The representations, warranties, and covenants contained in the Agreement were made only for the purposes of the Agreement, were made as of specific dates, were made solely for the benefit of the parties to the Agreement, and may not have been intended to be statements of fact, but rather as a method of allocating risk and governing the contractual rights and relationships among the parties to the Agreement.
Quoted from Cemtrex Inc's Form 8-K.
Other acquisitions by Cemtrex Inc
| Completed | Acquired | Price stated |
|---|---|---|
| 2026-01-08 | Invocon, Inc. | $7.1 million |
| 2026-02-05 | Richland Industries LLC | $600,000 |
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Get the free SnapshotWhere this comes from
A public company must file a current report on Form 8-K with the SEC within four business days of completing a significant acquisition or disposition of assets, under Item 2.01 of the report. The acquired company sometimes files one too, when the deal makes it a subsidiary of the buyer.
Every fact on this page is taken from one of those filings and linked to it: which company acquired which, the date the filing gives for completion, and the price when the filing states one in dollars, shown next to the sentence that states it. A filing states what was bought and on what terms; it rarely states why, and neither does this page.