TechnipFMC - M&A Summary and Business Overview

Energy Services And EquipmentCompany

TechnipFMC M&A Summary

TechnipFMC has acquired 11 companies, including 1 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 6 assets.

TechnipFMC’s largest acquisition to date was in 2016, when it acquired Technip Group SA for $6.2B. It’s largest disclosed sale occurred in 2006, when it sold FMC Technologies Floating Systems to MODEC for $54M. TechnipFMC has acquired in 2 different US states, and 5 countries. The Company’s most targeted sectors include energy services and equipment (55%) and engineering (28%).

TechnipFMC Business Overview

Where is TechnipFMC headquartered?

TechnipFMC is headquartered in Newcastle Upon Tyne, United Kingdom.

What is TechnipFMC’s revenue?

TechnipFMC disclosed revenue of 7,824M USD for 2023 and 6,700M USD for 2022.

How many employees does TechnipFMC have?

TechnipFMC has 21,000 employees.

What sector is TechnipFMC in?

TechnipFMC is an energy services and equipment company.

When was TechnipFMC founded?

TechnipFMC was founded in 2015.

M&A Summary

  • M&A Total Activity17
    • M&A Buy Activity11
    • M&A Sell Activity6
  • Total Sectors Invested 4
  • Total Countries Invested 5
  • M&A Buy/Sell Connections 8
  • M&A Advisors 5

TechnipFMC

TechnipFMC plc

Hadrian House, Wincomblee Road,
Newcastle Upon Tyne, NE6 3PL
United Kingdom,
+44 (0)191 296 7000
www.technipfmc.com

TechnipFMC is a subsea provider of systems, technologies, and services to the oil and gas industry. TechnipFMC helps exploration and production customers overcome difficult challenges with onshore and offshore drilling. TechnipFMC was founded in 2015 and is based in Newcastle Upon Tyne, United Kingdom.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 10 - 1 - - - 11
vol $6.7B $6.7B
Sell (0.2/yr) # 5 - - - 1 - 6
vol $54M $54M
  17

Most Recent M&A

Company Date Value Type
TechnipFMC - Measurement Solutions Business 2023-11-20 - Divestiture
London, United Kingdom
Loke Marine Minerals AS 2021-08-11 - Stake Purchase
Stavanger, Norway · www.lokemm.com
Magma Global Ltd. 2018-03-23 - Add-on Acquisition
Portsmouth, United Kingdom · www.magmaglobal.com
Plexus Holdings plc - Jack-up Business 2017-10-19 65M GBP Divestiture
Walton-on-Thames, United Kingdom
FMC Technologies, Inc. - Blending & Transfer Systems 2016-11-08 - Divestiture
Houston, Texas
Technip Group SA 2016-05-19 6.2B USD Merger
Paris, France · www.technip.com
FMC Technologies, Inc. - Wireline Assets 2016-05-11 - Divestiture
, United States
Syntron Material Handling LLC 2014-03-24 - Divestiture
Saltillo, Mississippi · www.syntronmh.com
Pure Energy Services Ltd. 2012-08-20 214M CAD Add-on Acquisition
Calgary, Alberta · www.pure-energy.ca
Schilling Robotics LLC 2012-04-25 - Stake Purchase
Davis, California · www.schilling.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
FMC Kongsberg Holding AS    - Roxar ASA 2009-05-04 1
Kongsberg, Norway Stavanger, Norway · www.roxar.com

M&A by Sector

Sector Buy # Value Sell # Value
Energy Services and Equipment 6 (55%) 310M (5%) 1 (17%) -
Engineering 3 (27%) 6.3B (94%) - -
Information Technology - - 2 (33%) 54M (100%)
Machinery - - 2 (33%) -
Electrical Equipment 1 (9%) 120M (2%) - -
Software 1 (9%) - - -
Test/Measurement Equipment - - 1 (17%) -
Total 11 $6.7B 6 $54M

By Geo

State/Country Buy Value Sell Value
United States 4 236M 5 54M
  California 3 236M - -
  Kansas 1 - - -
  Texas - - 1 -
  Mississippi - - 1 -
  Illinois - - 1 -
United Kingdom 2 65M 1 -
Canada 2 214M - -
  Alberta 2 214M - -
Norway 2 30M - -
France 1 6.2B - -
Domestic 2 (18%) 65M (1%) 1 (17%) -
Cross-border 9 (82%) 6.7B (99%) 5 (83%) 54M (100%)
Total 11 $6.7B 6 $54M

Top M&A Advisors

Financial Deals
Simmons & Company
1
Evercore Group
1
Legal Deals
Vinson & Elkins
1
Stikeman Elliott
1
Latham & Watkins
1

Deal Values

buy # Total
> $1B 1 $6.2B
$100M to $1B 3 $450M
< $100M 2 $95M
TOTAL $6.7B
Largest Technip Group SA
$6.2B (2016-05-19)
sell # Total
< $100M 1 $54M
TOTAL $54M
Largest FMC Technologies Floating Systems, Inc.
$54M (2006-11-30)

M&A Connections

Deals
Acquired from
Investor(s)
18%
2 (18%)
Strategic(s)
9%
1 (9%)
Divested to
Investor(s)
33%
2 (33%)
Strategic(s)
50%
3 (50%)

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