CETX - Mergers and acquisitions

Hauppauge, NY, Feb. 05, 2026 (GLOBE NEWSWIRE) -- – Cemtrex, Inc. (NASDAQ:CETX) today announced that its Advanced Industrial Services ("AIS") subsidiary has acquired all the assets of Richland Industries ("Richland"), an industrial services and fabrication company located in Tennessee. In connection with the transaction, AIS established a new subsidiary, AIS Tennessee to acquire and operate the business and its primary facility. The acquisition extends the Company's industrial services platform into one of the fastest-growing industrial regions in the United States.  The transaction represents a significant next step in AIS's multi-year evolution. Since fiscal 2022, AIS has grown from app

Hauppauge, NY, July 31, 2025 (GLOBE NEWSWIRE) --  Cemtrex Inc. (NASDAQ:CETX), a technology company focused on intelligent security systems and industrial services, today announced it has acquired approximately $1 million worth of Solana (SOL) as part of a new digital asset treasury strategy, with the goal of expanding its crypto reserves to $10 million over time. "Solana is the most underappreciated layer-one blockchain in the world today," said Saagar Govil, Chairman and CEO of Cemtrex. "It's already processing more real-world transactions than every other blockchain combined, and it's not even close. With a hard-coded supply curve and no reliance on fragmented scaling solutions, we beli