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Caterpillar to acquire RPMGlobal to accelerate mining tech transformation

Caterpillar has entered into an agreement to acquire RPMGlobal Holdings, an Australian-based software company specializing in advanced mining solutions. The deal, which is still subject to shareholder and regulatory approval, is expected to close in the first quarter of 2026. Financial details were not disclosed.

Founded in 1977 and headquartered in Brisbane, RPMGlobal provides data-driven software designed to optimize the entire mining life cycle. Its solutions complement Caterpillar’s growing portfolio in asset management, fleet management, and mining autonomy—further strengthening its end-to-end mining ecosystem.

“RPMGlobal’s culture and agile approach to developing solutions aligns well with Caterpillar’s intense focus on solving customer needs,” said Denise Johnson, Group President of Caterpillar Resource Industries. “Together, we can enhance mine-site operations for our customers, unlocking even greater value.”

Caterpillar, which reported $64.8 billion in sales and revenue in 2024, has been investing heavily in technologies that modernize and decarbonize the mining industry. This includes previous partnerships with companies like Vale, where Caterpillar signed a five-year agreement focused on productivity, innovation, and carbon reduction through the development of dual-fuel haul trucks.

In addition, BHP began testing Caterpillar’s DET energy transfer system last year to enable in-motion charging for electric haul truck batteries—an innovation that could significantly accelerate electrification across mining operations.

With this acquisition, Caterpillar is positioning itself as not just a mining equipment manufacturer but a technology-driven transformation partner for the global mining industry.

JP Morgan Securities is serving as Caterpillar’s financial advisor for the transaction.

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