M&A Deal Summary

HMH Acquires Electrical Subsea & Drilling

On August 24, 2022, HMH acquired energy services and equipment company Electrical Subsea & Drilling

Acquisition Highlights
  • This is HMH’s 1st transaction in the Energy Services and Equipment sector.
  • This is HMH’s 1st transaction in Norway.

M&A Deal Summary
Date 2022-08-24
Target Electrical Subsea & Drilling
Sector Energy Services and Equipment
Buyer(s) HMH
Deal Type Add-on Acquisition

Target

Electrical Subsea & Drilling

Straume, Norway
website
Electrical Subsea & Drilling delivers innovative solutions and technology for the land, subsea and offshore industry. The company's products include subsea electro-mechanical actuators & rotating control devices and electro-mechanical annular & wellhead. Electrical Subsea & Drilling is based in Straume, Norway.

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Buyer(S) 1

Buyer

HMH

Amsterdam, Netherlands

website

Category Company
Founded 2021
Sector Energy Services and Equipment
DESCRIPTION

HMH delivers a global full-service offshore and onshore drilling equipment offering that provides our customers with a broad portfolio of products and services that are designed to be safer and more efficient. It actively embraces new opportunities in other industries including offshore wind, subsea mining, civil construction, and innovative digital solutions. HMH was formed in 2021 and is based in Amsterdam, Netherlands.

DEAL STATS #
Overall 1 of 1
Sector (Energy Services and Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Norway) 1 of 1
Year (2022) 1 of 1
Mergr

Product

Company

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