M&A Deal Summary

Oceaneering International Acquires Nauticos

On April 28, 2003, Oceaneering International acquired marine company Nauticos

Acquisition Highlights
  • This is Oceaneering International’s 1st transaction in the Marine sector.
  • This is Oceaneering International’s 2nd transaction in the United States.
  • This is Oceaneering International’s 1st transaction in Maryland.

M&A Deal Summary

Date 2003-04-28
Target Nauticos
Sector Marine
Buyer(s) Oceaneering International
Deal Type Add-on Acquisition

Target

Nauticos

Hanover, Maryland, United States
website
Nauticos LLC is a provider of ocean-related marine products and services support for government and commercial customers.

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Buyer(S) 1

Buyer

Oceaneering International

Houston, Texas, United States

website


Category Company
Founded 1964
Sector Energy Services and Equipment
Employees8,300
Revenue 1.8B USD (2020)
DESCRIPTION
Oceaneering International's corporate headquarters in Houston, Texas.
Oceaneering International's corporate headquarters in Houston, Texas.

Oceaneering International is a provider of engineered services and products primarily to the offshore oil and gas industry, with a focus on deepwater applications. Through the use of its applied technology expertise, Oceaneering also serves the defense, entertainment, and aerospace industries. Oceaneering International was formed in 1964 and is based in Houston, Texas.


DEAL STATS #
Overall 3 of 17
Sector (Marine) 1 of 1
Type (Add-on Acquisition) 2 of 11
State (Maryland) 1 of 1
Country (United States) 2 of 7
Year (2003) 3 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-04-14 Reflange

Houston, Texas, United States

Reflange, Inc. is a manufacturer of patented, metal seal piping connectors and a supplier of on-site machining services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-09-02 Rotator AS

Nodeland, Norway

Rotator AS is a designer and manufacturer of subsea control valves, topside control valves, subsea chemical injection valves, and specialty control panels.

Buy -