On the Record · Powell Industries
Powell Industries acquisitions, on the record
The businesses Powell Industries bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
non-core, industrial valve repair and servicing business within our Canadian operationsWord for word“On June 30, 2022, we sold a non-core, industrial valve repair and servicing business within our Canadian operations and received proceeds of $ 4.3 million.” 10-K for 2023 | divestiture | June 30, 2022 | $ 4.3 million |
Remsdaq LimitedWord for word“On August 15, 2025, we completed the previously announced business acquisition of Remsdaq Limited (Remsdaq), a U.K.-based manufacturer of Supervisory Control and Data Acquisition (SCADA) Remote Terminal Units (RTUs) for electrical substation control and automation in generation, transmission and distribution, for a total consideration of £13.6 million Pounds Sterling, or $18.4 million, including cash acquired.” 10-K for 2025 | acquisition | On August 15, 2025 | £13.6 million Pounds Sterling, or $18.4 million |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2020-09-30 | — | $0 | — |
| 2021-09-30 | — | $0 | — |
| 2022-09-30 | — | $4.3 million | — |
| 2023-09-30 | $0 | $0 | — |
| 2024-09-30 | $0 | $0 | — |
| 2025-09-30 | $11.5 million | — | $5.1 million |
Deal filings since 2016
- 2023-10-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-04-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-03-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-10-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-06-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-02-07 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
Read from Powell Industries’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2025-11-19. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.