Rosebank Industries Plc is acquiring two US specialty manufacturers for $3.05 billion, marking its second major deal since going public. The London-listed company, led by former Melrose Industries executives, will purchase metal-parts maker MW Components and automation systems manufacturer CPM from American Securities LLC. To fund the takeovers, Rosebank plans to raise £1.9 billion ($2.5 billion) through a share sale at £3.30 each, supplemented by new debt.

This deal follows Rosebank's £1.14 billion acquisition of Electrical Components International last year, which was nine times its market value at the time. The company, founded by Melrose co-founder Simon Peckham, aims to replicate the turnaround specialists' success through strategic acquisitions and operational improvements. MW Components and CPM together generated over $1.2 billion in their latest financial years, providing substantial scale for Rosebank's expansion strategy.

The transactions are expected to complete in the second quarter, when Rosebank plans to upgrade from AIM to the main London Stock Exchange market. This move signals growing confidence in the company's acquisition strategy and its ability to deliver value through operational improvements in manufacturing businesses.