# Cemtrex completes sale of EMS subsidiary ROB Cemtrex

Cemtrex Inc. completed the sale of its EMS business, ROB Cemtrex, for total consideration of €6,367,199. ROB Cemtrex provides electronic manufacturing services with operations in Germany and Romania and about 250 employees.

- Type: Acquisition
- Announced: 2019-08-22
- Where: Germany and Romania, Germany
- Value: $7.00M (6.37M EUR)
- Jobs: 250
- Status: completed
- Products: electronic manufacturing services, printed circuit board assembly, cabling, wire harnessing, systems integration
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Cemtrex Inc.](https://endata.com/companies/39218.md)
- [ROB Cemtrex](https://endata.com/companies/41534.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2019/08/22/1905421/0/en/cemtrex-inc-cetx-completes-sale-of-ems-subsidiary-rob-cemtrex.html), 2019-08-22: "Cemtrex Inc. announced today that it has completed the sale of its EMS business, ROB Cemtrex."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.