CPM
CPM designs, engineers, and manufactures machinery and aftermarket parts for customers operating in demanding industrial environments. The business combines technical and manufacturing capability with service, repair and aftermarket support, helping customers maintain performance, and reliability.
This lifecycle driven approach underpins long term customer relationships and creates opportunity for recurring revenue, aligning well with Rosebank’s focus on building resilient, cash generative industrial businesses.
CPM designs and manufactures highly engineered machinery for processing applications and provides ongoing aftermarket solutions
Primarily oilseed processing and animal feed production
US based with a global manufacturing footprint
Investment overview
Acquisition Enterprise Value of approximately $2.1bn, representing approximately 12x FY25 EBITDA
Acquisition completed in May 2026
We target 6-7% Operating Margin improvement in our ownership period, from 22% to 28-29%, to be achieved through key initiatives, including:
Head office efficiencies, including $10m annualised savings already made shortly after acquisition
Establishing a new divisional structure, including moving all aftermarket activities under a unified leadership structure and elimination of the underperforming, non-core Process Solutions division, which has now been done
Shifting business mix toward the higher margin aftermarket business, including pursuing appropriate bolt-on acquisitions; the first aftermarket acquisition has been done already
Consolidating the manufacturing footprint, with multiple consolidations underway shortly after completion
Ensuring price and contract discipline, with a margin floor for new business established shortly after acquisition
Reducing the debt burden on the business
Rosebank intends to double shareholders’ investment in 3-5 years
Markets and end applications
CPM is focused on highly demanding oilseed processing and animal feed production markets, where asset reliability, uptime and performance are critical. CPM machines have a reputation for reliability and its solutions and services support customers with ongoing maintenance, repair, optimisation and lifecycle support.
Market position and operational strengths
CPM’s operating model combines a strong service and aftermarket orientation with close, long term customer relationships and deep technical, engineering capability applied to critical equipment.
This lifecycle focused approach supports repeat customer engagement and underpins the delivery of reliable, performance led solutions in demanding industrial environments.
Strategic relevance within Rosebank Industries
CPM was acquired in May 2026 and aligns with Rosebank’s focus on industrial and manufacturing companies with established market positions, and opportunities for meaningful operational improvement, margin expansion and enhanced cash generation through disciplined execution of Rosebank’s value creation playbook.
