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IntelliAM buys RBM to expand in Scotland's central belt

IntelliAM buys RBM to expand in Scotland's central belt

Fri, 10th Apr 2026
Sofiah Nichole Salivio
SOFIAH NICHOLE SALIVIO News Editor

IntelliAM has acquired the business and assets of RBM Lubrications & Monitoring Solutions in Scotland, expanding its presence in the country's central belt.

The deal brings seven RBM employees into IntelliAM, along with engineering assets and vehicles. RBM founder Brian Sarginson has joined the group as Vice President of IntelliAM Scotland.

The acquisition formalises a supply chain relationship of more than seven years and is intended to extend IntelliAM's asset management technology further into Scotland's manufacturing and engineering sectors.

Disclosed financial details show the acquired business generated revenue of £648,331 in the year to 31 July 2025 and was profitable. The consideration is deferred, with the value of the assets, estimated at about £25,000, to be paid in cash at the end of 2029.

The deal adds a regional service operation to a business that has been expanding in industrial software and engineering support. IntelliAM is listed on Aquis and was founded in 2023, drawing on the manufacturing and engineering background of 53 Degrees North, which operates as its consultancy division.

Scottish expansion

Scotland's central belt is a key industrial area, and the acquisition gives IntelliAM a larger local base from which to serve manufacturers. The move is expected to strengthen service delivery and improve the use of engineering resources in the region.

Tom Clayton outlined the rationale for the purchase alongside the announcement. "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," said Tom Clayton, Chief Executive Officer of IntelliAM.

The acquisition follows an earlier push into the building products market. That expansion brought contracts with Marshalls, Tarmac, H+H and Knauf across the UK and Japan, broadening IntelliAM's customer base beyond its established manufacturing work.

Its software is used by large manufacturers, including food and drinks groups such as Hovis, Müller and Mars. The company focuses on analysing manufacturing data to improve production efficiency and equipment reliability.

Management role

Sarginson's move into the enlarged group gives IntelliAM a senior executive in Scotland with direct experience in lubrication and monitoring services. His previous business supplied specialist support in an area closely linked to equipment maintenance and plant reliability.

He described the combination as a way to bring together practical engineering knowledge with IntelliAM's software tools. "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," said Sarginson.

The acquisition is expected to be modestly accretive to full-year 2027 profit and to make a positive, growing contribution to margins and profitability over time.