UK AI software firm IntelliAM AI plc has acquired the business and assets of Scotland-based RBM Lubrications & Monitoring Solutions Ltd (RBM Lubrications), strengthening its operational capabilities and presence in the central belt of Scotland.
The acquisition, which completed on 1 April 2026, formalises a long-standing relationship between the two businesses, which have worked together as part of the supply chain for more than seven years.
As part of the deal, seven RBM Lubrications employees have transferred to IntelliAM alongside engineering assets and vehicles, bringing additional experience and capability to the business. RBM Lubrications Founder Brian Sarginson has also joined as Vice President of IntelliAM Scotland.
The acquisition represents an important step in expanding deployment of IntelliAM’s technology across Scotland’s manufacturing and engineering sector. The transaction also allows IntelliAM to enhance service delivery, optimise resource utilisation, and support sustainable growth.
Commenting on the acquisition, Tom Clayton, CEO of IntelliAM, said:
“We are delighted to formalise our long-standing relationship with RBM through this acquisition. Having worked closely together for over seven years, this is a natural and strategically important step for both businesses. It strengthens our presence in the central belt of Scotland, a key hub for UK manufacturing, and enhances our ability to deploy IntelliAM’s advanced Intelligent Asset Management solutions at scale.
“We see a significant opportunity to drive improved productivity and asset reliability for industrial customers in the region through the application of AI, and we look forward to building on this strong foundation for growth.”
The acquired business generated revenues of £648,331 for the year ended 31 July 2025 and was profitable. IntelliAM anticipates the acquisition to be modestly accretive to full‑year 2027 profit and to make a positive and growing contribution to margins and profitability over time.
Brian Sarginson, CEO of RBM Lubrications, said:
“Having partnered with IntelliAM for many years, I am pleased to be joining the Group at such an exciting stage in its development. This transaction brings together deep domain expertise in lubrication and reliability with IntelliAM’s cutting-edge AI capabilities.
“I believe this combination will deliver substantial value to customers across Scotland and beyond, and I look forward to supporting the next phase of growth as we expand our offering and impact in the region.”
The transaction is structured as deferred consideration, with the value of the assets – estimated at approximately £25,000 – payable in cash on 31 December 2029.
The acquisition follows news at the end of last year that IntelliAM expanded into the building products sector, securing new contracts with Marshalls, Tarmac, H+H and Knauf in both the UK and Japan.
Many of the world’s biggest manufacturers, including half of the world’s top 12 food and drinks producers – such as Hovis, Müller and Mars – use IntelliAM’s machine learning and AI solution to tap into billions of manufacturing data points to boost productivity and reduce operating costs.