Caterpillar Inc. → RPMGlobal Holdings
completedCaterpillar agreed to acquire Brisbane-based mining software company RPMGlobal Holdings for AUD 5.00/share (A$1.123bn total), completing the acquisition in February 2026.
Caterpillar wanted to expand its Resource Industries segment with RPMGlobal's data-driven mining software, broadening its product offering beyond physical equipment into digital technology solutions.
RPMGlobal shareholders approved the all-cash offer on 19 December 2025, trading their stake in a standalone software company for certain value from a much larger industrial parent.
Not publicly disclosed.
Framed as Caterpillar building out digital/software capability alongside its core heavy-equipment business.
Deal mechanics
Not publicly disclosed
Not publicly disclosed
All-cash scheme of arrangement at AUD 5.00/share
Not publicly disclosed
ACCC approved 18 December 2025; FIRB confirmed no objection 22 January 2026; Federal Court of Australia approved the scheme 3 February 2026
Caterpillar's own cash reserves