|8-KFeb 11, 8:04 AM ET

CEMTREX INC 8-K

Research Summary

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Updated

CEMTREX Inc. Completes Acquisition of Richland Industries Assets

What Happened

  • CEMTREX, through its wholly owned subsidiary Advanced Industrial Services (AIS), announced on Feb. 11, 2026 that AIS’s newly formed subsidiary, AIS Tennessee, Inc., completed the acquisition of substantially all assets of Richland Industries LLC under an Asset Purchase Agreement dated February 5, 2026. Richland’s operations have been integrated into CEMTREX’s Industrial Services Segment.
  • Concurrently, AIS Leasing Company (another CEMTREX subsidiary) acquired Richland’s primary operating facility at 1905 Mine Road, Pulaski, Tennessee under a Real Estate Purchase Agreement dated February 5, 2026. The agreements and a press release were furnished as exhibits to the Form 8-K.

Key Details

  • Business purchase price: $600,000 for the business assets, financed by a note payable from Fulton Bank at 6.09% interest, maturing Feb. 1, 2031.
  • Facility purchase price: $4,900,000 for the real estate; $3,920,000 financed via a Fulton Bank mortgage at SOFR + 2.75%, maturing Feb. 1, 2041; the remaining balance plus taxes, closing costs and fees paid in cash.
  • Contracts filed: Asset Purchase Agreement and Real Estate Purchase Agreement are included as Exhibits (2.1 and 10.1) to the 8-K; a press release is furnished as Exhibit 99.1.
  • Integration: Richland’s operations were folded into CEMTREX’s Industrial Services Segment following closing.

Why It Matters

  • The acquisition adds Richland’s operations and a manufacturing/operating facility in Pulaski to CEMTREX’s Industrial Services footprint, which could increase the segment’s revenue-generating capacity.
  • Financing terms show modest leverage: a small business asset note and a larger mortgage with a floating SOFR-based rate; investors should note the additional debt obligations and maturities (2031 and 2041) disclosed in the filing.

Keywords: acquisition, assets, purchase price, mortgage, Industrial Services, CEMTREX, 8-K, press release.