CNH Industrial Acquires Raven Industries

Rain Bird Corporation Acquires Rachio, Inc.

October 1, 2025

Building Products

Rain Bird Corporation has acquired Rachio, Inc., a Denver-based maker of cloud-connected smart irrigation controllers and related smart-home irrigation products. Rachio will operate as a wholly owned subsidiary led by CEO and co-founder Chris Klein, combining Rain Bird's irrigation manufacturing scale with Rachio's connected-home technology to expand sustainable irrigation and smart-product offerings.

SunPower Acquires Blue Raven Solar

October 21, 2024

Renewable Energy

SunPower Corporation acquired Blue Raven Solar in a cash transaction of up to $165 million to accelerate its residential solar business and expand its geographic footprint into underpenetrated U.S. regions. Blue Raven’s CEO Ben Peterson will join SunPower’s executive team as SunPower combines its products and digital tools with Blue Raven’s direct-to-consumer sales and installation capabilities to grow residential solar and related financing products.

CNH Industrial to Acquire Augmenta (Raven Brand) to Expand Sense & Act Precision Spraying Technology

March 13, 2023

AI & Machine Learning

CNH Industrial NV announced it will acquire Augmenta, adding the company’s multispectral camera and monitoring software to its precision agriculture “Sense & Act” sprayer technology. The deal is expected to close in the first quarter of 2023, subject to customary closing conditions and regulatory approvals.

Industrial Opportunity Partners Acquires Raven Engineered Films Division from CNH Industrial

April 29, 2022

Manufacturing

Industrial Opportunity Partners (IOP) has acquired the Raven Engineered Films Division from CNH Industrial for $350 million. The Sioux Falls-based business, a manufacturer of engineered polymer films and sheeting for agriculture, construction and industrial markets, will operate as IOP's first platform investment from Fund IV with management continuing to lead the company.

Raven SR Acquires Benicia Fabrication & Machine

December 1, 2021

Manufacturing

Raven SR Inc., a Wyoming-based waste-to-renewable-fuels company, has acquired Benicia Fabrication & Machine Inc. (BFM), a San Francisco Bay Area heavy fabrication shop. The acquisition makes BFM a wholly owned subsidiary of Raven SR to secure fabrication of proprietary reactors and expand Raven SR's manufacturing capabilities for renewable hydrogen and synthetic fuels while allowing BFM to enter the green energy market.

Raven Industries Acquires Smart Ag

November 1, 2019

Agriculture

Raven Industries (NASDAQ: RAVN) acquired Smart Ag Inc., a developer of autonomous farming solutions headquartered in Ames, Iowa, to bolster its Raven Autonomy strategic growth platform and integrate Smart Ag into its Applied Technology division. The deal expands Raven's autonomous and perception/path-planning capabilities for OEM partners and large-scale agricultural retailers and brings Smart Ag's retrofit kits, software platform and dealer network into Raven's precision-ag portfolio.