M&A
confidence high
sentiment neutral
materiality 0.75
Rockwell Automation completes $2.15B acquisition of Plex Systems Holdings
ROCKWELL AUTOMATION, INC
- Aggregate merger consideration of $2.22B in cash, adjusted to estimated $2.15B at close.
- Plex provides cloud-native smart manufacturing platforms.
- Acquisition financed with cash and debt, including notes offering completed Aug 17, 2021.
- Transaction closed on Aug 31, 2021; Plex becomes a wholly-owned subsidiary of Rockwell.