M&A Deal Summary

Altrad Acquires Cape

On July 7, 2017, Altrad acquired energy services and equipment company Cape for 332M GBP

Acquisition Highlights
  • This is Altrad’s 2nd transaction in the Energy Services and Equipment sector.
  • This is Altrad’s 0th largest (disclosed) transaction.
  • This is Altrad’s 1st transaction in Singapore.

M&A Deal Summary
Date 2017-07-07
Target Cape
Sector Energy Services and Equipment
Buyer(s) Altrad
Deal Type Add-on Acquisition
Deal Value 332M GBP

Target

Cape

Singapore, Singapore
website
Cape is a provider of industrial services focused on the energy and natural resources sectors. Cape was founded in 1893 and is based in Singapore.

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Buyer(S) 1

Buyer

Altrad

Montpellier, France

website

Category Company
Founded 1985
Sector Machinery
DESCRIPTION

Altrad manufactures Scaffolding and construction equipment. Altrad was founded in 1985 and is based in Montpellier, France.

DEAL STATS #
Overall 3 of 4
Sector (Energy Services and Equipment) 2 of 3
Type (Add-on Acquisition) 3 of 4
Country (Singapore) 1 of 1
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-17 Prezioso-Technilor SAS

Vienne, France

Prezioso-Technilor SAS is a provider of coating and insulation services which maintain vital industrial infrastructures in the energy and infrastructure sector. Prezioso's services are critical to protecting the integrity of off-shore oil and gas and nuclear installations.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-11 Sparrows Offshore

Aberdeen, United Kingdom

Sparrows Offshore is a supplier of crane and lifting equipment maintenance and support services to the offshore oil & gas sector. It has presence in the North Sea, Gulf of Mexico, South America, Caspian, Middle East, West Africa and Asia/Pacific regions.

Buy -
Mergr

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