Out of 60 sectors in the Mergr database, energy services and equipment ranked 14 in number of deals in 2008. The largest energy services and equipment acquisition in 2008 was Grant Prideco - which was acquired by National Oilwell Varco for $7.4B.
Join Mergr to view all 113 acquisitions of energy services and equipment companies in 2008, including 51 acquisitions by private equity firms, and 62 by strategics.
Qingdao Land implements environmental protection projects in the power sector and has a strong track record in desulphurization, water reuse and wind energy. Its wind turbine subsidiary, China Creative Wind Energy, is the first Chinese company to own the intellectual property for most parts of the turbine and ranks among the top 10 wind turbine producers in China. The investment is linked to the government’s plan to encourage clean technology investments that have a positive impact on the environment and will reduce carbon emissions.
Qingdao Land was acquired by The Abraaj Group on April 1, 2008.
Join Mergr to view this profile - and discover more energy services and equipment acquisitions of companies like Qingdao Land.
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