Rosebank Industries plc (AIM:ROSE) agreed to acquire Sussex Wire, Inc. from American Securities LLC on March 3, 2026. In a related transaction Rosebank Industries agreed to acquire CPM.

The transaction reflects TEV/EBITDA multiple of 10x. For the period ending December 31, 2025, Sussex Wire, Inc. reported total revenue of $500 million and EBIT of $77 million.

The transaction is subject to subject to antitrust regulations, approval of offer by acquirer shareholders and approval by regulatory board and completion of separate transaction. The expected completion of the transaction is in the second quarter of 2026.

Richard Burke, Alex de Souza, Sam Dean of Jefferies International Limited acted as financial advisor for Rosebank Industries plc. Barclays Bank PLC acted as financial advisor for Rosebank Industries plc. Michael Lavelle, Greg Dalle, Patrick Evans of Citigroup Global Markets. Limited acted as financial advisor for Rosebank Industries plc. Carlton Nelson, Christopher Baird, Duncan Smith of Investec Bank plc acted as financial advisor for Rosebank Industries plc. Ravi Gupta, Sid Mehta, Shannon Nicholls of N.M. Rothschild & Sons Limited acted as financial advisor for Rosebank Industries plc. Robert W. Baird & Co. Incorporated acted as a financial advisor to Sussex Wire. Evercore Inc. (NYSE:EVR) acted as a financial advisor to Sussex Wire. Goldman Sachs & Co. LLC acted as a financial advisor to Sussex Wire. Weil, Gotshal & Manges LLP acted as a legal advisor to Sussex Wire. Keegan Lopez, Lucy Gillett, Adam Signy, Nicholas Shaw, Dan Peach, Benjamin Persina, Sophie Staples, Sarah Lindley, Tristan Brown, Deborah Harris, Srishti Gupta and Harry Briffitt of Simpson Thacher & Bartlett LLP acted as legal advisors for Rosebank Industries plc.