Divestiture • Electrical Equipment

Fugro Acquires De Regt Marine Cables BV

On May 2, 2011, Fugro acquired electrical equipment company De Regt Marine Cables BV from JDR Cable Systems

Acquisition Context
  • This is Fugro’s 1st transaction in the Electrical Equipment sector.
  • This is Fugro’s 1st transaction in the Netherlands.

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M&A Deal Summary

Date May 2, 2011
Target De Regt Marine Cables BV
Sector Electrical Equipment
Buyer(s) Fugro
Sellers(s) JDR Cable Systems
Deal Type Divestiture

Target Company

De Regt Marine Cables BV

Krimpen aan de Lek, Netherlands
De Regt Marine Cables BV is a provider of special marine cables for oil and gas, geophysical and defense market segments.
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Buyer Overview 1

Buyer

Fugro

Leidschendam, Netherlands

Category Company
Founded 1962
Sector Engineering
Employees11,000
Revenue 2.3B EUR (2024)
DESCRIPTION

Fugro is a provider of geotechnical, survey, subsea and geosciences services. The company services are specifically designed to support your engineering design and large structure. Fugro was founded in 1962 and is headquartered in Leidschendam, Netherlands.


Deal Context for Buyer #
Overall 7 of 10
Sector: Electrical Equipment 1 of 1
Type: Divestiture 1 of 2
Country: Netherlands 1 of 1
Year: 2011 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-03-16 Fugro-OmniSTAR Business

Netherlands

OmniSTAR is a wide-area differential GPS service, using satellite broadcast techniques. For the sub-meter service, data from many widely-spaced Reference Stations is used in a proprietary multi-site solution over most land areas worldwide.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-24 Fugro - Geoscience Division

Netherlands

Fugro - Geoscience Division provides seismic services including seismic acquisition and seismic processing services.

Sell €1.2B

Seller Profile 1

SELLER

JDR Cable Systems

Littleport, United Kingdom

Category Company
Founded 1998
Sector Energy Services and Equipment
Revenue 130M GBP (2007)
DESCRIPTION

JDR is a world-class provider of subsea technologies and services connecting the global offshore energy industry. Company flexible and innovative technologies enable vital control and power delivery for both the oil and gas and renewable energy sectors.


Deal Context for Seller #
Overall 1 of 1
Sector: Electrical Equipment 1 of 1
Type: Divestiture 1 of 1
Country: Netherlands 1 of 1
Year: 2011 1 of 1