Cemtrex to Acquire the ROB Group
Published: 17 October 2013
by Staff
FARMINGDALE, NY – Cemtrex has entered into an agreement to acquire the ROB Group.
The ROB Group, based in Germany, consists of four operating companies, forming an electronics design, manufacturing, assembly, and cabling solutions provider.
Cemtrex plans to complete the acquisition within the next 30 days.
No financial terms of the agreement were disclosed.
The Rob Group had annual revenue of $57.5 million in fiscal 2011.
Cemtrex manufactures instruments for emissions monitoring, process analysis, instrumentation and controls for industrial applications.
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