M&A Deal Summary

Foster Wheeler AG Acquires MDM Engineering Group

On October 23, 2014, Foster Wheeler AG acquired construction company MDM Engineering Group for 109M USD

Acquisition Highlights
  • This is Foster Wheeler AG’s 4th transaction in the Construction sector.
  • This is Foster Wheeler AG’s largest (disclosed) transaction.
  • This is Foster Wheeler AG’s 1st transaction in Monaco.

M&A Deal Summary
Date 2014-10-23
Target MDM Engineering Group
Sector Construction
Buyer(s) Foster Wheeler AG
Deal Type Add-on Acquisition
Deal Value 109M USD
Advisor(s) GMP Securities LP (Financial)
Memery Crystal
Carey Olsen (Legal)

Target

MDM Engineering Group

Monaco Cedex, Monaco
website
MDM Engineering Group Ltd. is a minerals process and project management company focused on the mining industry. MDM provides a wide range of services from preliminary and final feasibility studies, through to plant design, construction and commissioning.

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Buyer(S) 1

Buyer

Foster Wheeler AG

Reading, United Kingdom

website

Category Company
Founded 1884
Sector Construction
Employees13,311
Revenue 3.4B USD (2012)
DESCRIPTION

Foster Wheeler AG is a engineering and construction company and power equipment supplier delivering technically advanced, reliable facilities and equipment.

DEAL STATS #
Overall 5 of 5
Sector (Construction) 4 of 4
Type (Add-on Acquisition) 4 of 4
Country (Monaco) 1 of 1
Year (2014) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-06-11 Ingen Ideas

Aberdeen, United Kingdom

Ingen Ideas Ltd. is a specializes in field development and project decision support, focused on the evaluation and implementation of oil and gas field developments covering greenfield and brownfield assets.

Buy -
Mergr

Product

Company

Legal