Rockwell Buys Manufacturer of Modular Electrical Panels

Rockwell Automation, Milwaukee, signed a definitive agreement to acquire CUBIC, a company that specializes in modular systems for the construction of electrical panels. CUBIC, founded in 1973, serves the renewable energy, data center and infrastructure markets and is headquartered in Bronderslev, Denmark.

CUBIC’s modular systems combined with Rockwell’s intelligent devices are intended to benefit customers by offering faster time to market, enabling broader plant-wide applications for intelligent motor control, and generating smart data to increase sustainability and productivity. CUBIC’s established partner model will allow Rockwell to build an expanded Partner Network for intelligent motor control offerings in Asia, Europe and Latin America. CUBIC will broaden Rockwell’s market access in renewable energy and data center solutions. The company will report to Rockwell’s Power Control Business in the Intelligent Devices operating segment. CUBIC is expected to report more than $75 million in sales in its 2022 fiscal year 2022.