McDermott - M&A Summary and Business Overview

EngineeringCompany

McDermott M&A Summary

McDermott has acquired 1 company. It has also divested 1 asset.

It’s largest disclosed sale occurred in 2020, when it sold Lummus Technology to The Chatterjee Group for $2.7B. The Company’s most targeted sectors include engineering (100%).

McDermott Business Overview

Where is McDermott headquartered?

McDermott is headquartered in Houston, Texas.

What is McDermott’s revenue?

McDermott disclosed revenue of 8,431M USD for 2019 and 6,705M USD for 2018.

What sector is McDermott in?

McDermott is an engineering company.

M&A Summary

  • M&A Total Activity2
    • M&A Buy Activity1
    • M&A Sell Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 2

McDermott

McDermott International Inc.

915 North Eldridge Parkway,
Houston, Texas 77079
United States,
(281) 588-6600
www.mcdermott.com

McDermott is a fully integrated provider of technology, engineering and construction solutions to the energy industry. McDermott's proprietary technologies, integrated expertise and comprehensive solutions deliver certainty, innovation and added value to energy projects around the world. McDermott is headquartered in Houston, Texas.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 1 - - - - - 1
Sell (0.2/yr) # - 1 - - - - 1
vol $2.7B $2.7B
  2

Most Recent M&A

Company Date Value Type
Lummus Technology 2020-06-30 2.7B USD Divestiture
Houston, Texas · www.lummustechnology.com
Chicago Bridge & Iron Company N.V. 2018-08-23 - Add-on Acquisition
S-Gravenhage, Netherlands · www.cbi.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Engineering 1 (100%) - - -
Energy Services and Equipment - - 1 (100%) 2.7B (100%)
Total 1 - 1 $2.7B

By Geo

State/Country Buy Value Sell Value
Netherlands 1 - - -
United States - - 1 2.7B
  Texas - - 1 2.7B
Domestic - - 1 (100%) 2.7B (100%)
Cross-border 1 (100%) - - -
Total 1 - 1 $2.7B

Deal Values

sell # Total
> $1B 1 $2.7B
TOTAL $2.7B
Largest Lummus Technology
$2.7B (2020-06-30)

M&A Connections

Deals
Divested to
Investor(s)
100%
1 (100%)

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