Following a constructive six-week due diligence period, Caterpillar and RPMGlobal have now signed a binding Scheme Implementation Deed. The agreement formalizes the terms under which Caterpillar will acquire RPM via a scheme of arrangement.
“RPMGlobal’s culture and agile approach to developing solutions aligns well with Caterpillar’s intense focus on solving customer needs,” said Denise Johnson, group president, Caterpillar Resource Industries.
“Their software solutions complement Caterpillar’s existing technologies, especially in areas such as asset management, fleet management and autonomy. Together, we have the potential to enhance mine-site operations for our customers, unlocking even greater value.”
The agreement requires approval by RPMGlobal shareholders and various regulatory authorities and is subject to other customary closing conditions.
The transaction is expected to close in the first quarter of 2026
Sources: RPMGlobal and Caterpillar