Scheme Completed
Caterpillar acquisition of RPMGlobal Holdings
A$1bn enterprise value
Announced 13 Oct 2025 · ASX: RUL · A$5.00 cash per share · 33% premium
Advisers
RPMGlobal Holdings
Target
- Financial adviser
- Legal adviser
- Independent expert
Caterpillar
Acquirer
Not disclosed
- Target
- RPMGlobal Holdings
- Acquirer
- Caterpillar
- Structure
- Scheme of arrangement
- Completed
- 25 Feb 2026
- Equity value
- A$1.1bn
- Sector
- Software
In the league tables
- M&A financial advisers, Calendar 2025 MA Moelis Australia #19
- M&A financial advisers, completed, 2026 to date MA Moelis Australia #14
- M&A legal advisers, Calendar 2025 Baker McKenzie #15
- M&A legal advisers, completed, 2026 to date Baker McKenzie #20
- Independent experts, Calendar 2025 Grant Thornton #3
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Sources
- 13 Oct 2025 RPM enters into Scheme Implementation Deed with Caterpillar ASX
- 17 Nov 2025 Court convenes Scheme Meeting and Scheme Booklet Registered ASX
- 18 Feb 2026 Implementation of Scheme of Arrangement ASX
- 23 Feb 2026 Baker McKenzie Advises RPMGlobal, a Global Leader in Mining Software, on its AUD 1.123 Billion Acquisition by Caterpillar bakermckenzie.com
- 25 Feb 2026 Caterpillar Acquires RPMGlobal in AUD 1.123 Billion Transaction globallegalchronicle.com