RBM Lubrications & Monitoring Solutions

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 disclosed
• Sector: Industrials & Energy
• Advisor: Not disclosed
• Key Entities: Acquirer: IntelliAM AI; Target: RBM Lubrications & Monitoring Solutions
• Location: 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.