Provided By GlobeNewswire
Last update: Aug 25, 2025
Hauppauge, NY, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Cemtrex Inc. (Nasdaq: CETX), a diversified industrial and technology company, today announced it has signed non-binding letters of intent to acquire two profitable U.S.-based businesses — one in industrial robotics integration and the other in aerospace and defense systems engineering. Combined, the two companies are expected to contribute $15–18 million in annual revenue and $2.5–3 million in operating income on a go forward basis, once closed and integrated.
Read more at globenewswire.comNASDAQ:CETX (10/24/2025, 7:15:33 PM)
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