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Caterpillar Inc. Enters Into Agreement to Acquire RPMGlobal

1. Caterpillar is acquiring RPMGlobal Holdings, enhancing mining software solutions. 2. RPMGlobal's expertise aligns with Caterpillar's focus on customer needs and technology. 3. The acquisition aims to improve mine-site operations and value for Caterpillar customers. 4. Transaction completion is expected in Q1 2026, pending shareholder and regulatory approval. 5. J.P. Morgan is advising Caterpillar on the acquisition transaction.

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FAQ

Why Bullish?

This acquisition aligns with CAT's growth strategy, historically beneficial for company valuation.

How important is it?

Strategic acquisitions can significantly enhance CAT's operational efficiency in the long run.

Why Long Term?

The benefits from the acquisition will take time to materialize but are strategic.

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RULDEJCB
, /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) today entered into an agreement to acquire RPMGlobal Holdings Limited (ASX: RUL), an Australian-based software company. Headquartered in Brisbane, Australia, RPMGlobal is a leading provider of mining software solutions with a legacy dating back to 1977. RPMGlobal has deep domain expertise in mining technology enablement, providing global customers with data-driven software solutions at every stage of the mining lifecycle. "RPMGlobal's culture and agile approach to developing solutions aligns well with Caterpillar's intense focus on solving customer needs," said Denise Johnson, group president, Caterpillar Resource Industries. "Their software solutions complement Caterpillar's existing technologies, especially in areas such as asset management, fleet management and autonomy. Together, we have the potential to enhance mine-site operations for our customers, unlocking even greater value." This agreement requires approval by RPMGlobal shareholders and various regulatory authorities and is subject to other customary closing conditions.  The transaction is expected to close in the first quarter of 2026. The RPMGlobal release can be referenced for further information: https://rpmglobal.com/company-update-caterpillar-cat-and-rpm-have-signed-a-binding-scheme-implementation-deed/. J.P. Morgan Securities LLC is serving as Caterpillar's financial advisor for the transaction.  About Caterpillar With 2024 sales and revenues of $64.8 billion, Caterpillar Inc. is the world's leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. For 100 years, we've been helping customers build a better, more sustainable world and are committed and contributing to a reduced-carbon future. Our innovative products and services, backed by our global dealer network, provide exceptional value that helps customers succeed. Caterpillar does business on every continent, principally operating through three primary segments – Construction Industries, Resource Industries and Energy & Transportation – and providing financing and related services through our Financial Products segment. Visit us at caterpillar.com or join the conversation on our social media channels at caterpillar.com/en/news/social-media.html. SOURCE Caterpillar Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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