Deal History
Acquirer: IntelliAM
IntelliAM, a software firm, has acquired RBM Lubrications & Monitoring Solutions, a Scottish operator, to strengthen its capabilities and presence in the central belt of Scotland. Summary of transaction details: Value: Not disclosed Sector: Industrials & Energy Advisor: Not disclosed Key Entities: IntelliAM, RBM Lubrications & Monitoring Solutions Location: Scotland, UK Note: This acquisition is a strategic move by IntelliAM to expand its artificial intelligence and machine learning capabilities in Scotland, and is expected to deliver substantial value to customers in the manufacturing and engineering sector.
Acquirer: IntelliAM AI
IntelliAM AI, a Sheffield-headquartered manufacturing and engineering sector software firm, has successfully acquired Irvine-based RBM Lubrications & Monitoring Solutions, a specialist lubrication and maintenance firm. This transaction includes the transfer of seven employees and certain engineering assets.Summary of transaction details:Value: Not disclosedSector: Industrials & EnergyAdvisor: Not disclosedKey Entities: Acquirer: IntelliAM AI; Target: RBM Lubrications & Monitoring SolutionsLocation: Irvine, Scotland (Target); Sheffield, UK (Acquirer)Note: This acquisition is strategically designed to expand IntelliAM AI's platform in Scotland's central belt by integrating RBM's operational capabilities and experienced team, building on their existing supply chain collaboration.
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