Rockwell Automation Announces $400 Million Term Loan

Rockwell Automation, Inc. (NYSE: ROK) announced today that it has entered into a $400 million, 364-day term loan agreement, which will be used to provide funding for two previously announced acquisitions and for other general corporate purposes.

In February of this year, Rockwell Automation announced the signing of agreements to acquire privately-held Kalypso, LP, a US-based software delivery and consulting firm, and Italy-based ASEM, S.p.A., a leading provider of digital automation technologies. These acquisitions are expected to close within the next few weeks.

“Kalypso and ASEM are key investments for our company’s long-term growth and will help position our company for future success as markets recover,” said Blake Moret, chairman and chief executive officer of Rockwell Automation.

"We are pleased to have secured this additional short-term financing to support these acquisitions and build on the preemptive actions Rockwell Automation is taking to maintain financial strength and flexibility as we navigate current market conditions,” continued Moret.

The Company’s primary $1.25 billion credit facility remains undrawn and available.

Further details about the loan agreement are contained in a Current Report on Form 8-K filed by Rockwell Automation with the U.S. Securities and Exchange Commission.

About Rockwell Automation

Rockwell Automation, Inc. (NYSE: ROK), is a global leader in industrial automation and digital transformation. We connect the imaginations of people with the potential of technology to expand what is humanly possible, making the world more productive and more sustainable. Headquartered in Milwaukee, Wisconsin, Rockwell Automation employs approximately 23,000 problem solvers dedicated to our customers in more than 100 countries. To learn more about how we are bringing The Connected Enterprise to life across industrial enterprises, visit www.rockwellautomation.com.

Contacts

Jessica Kourakos
Head of Investor Relations
+1 414-382-8510
Jkourakos@ra.rockwell.com

Kolve Byrd
External Communications
+1 414-382-5465
KAByrd@ra.rockwell.com