M&A Deal Summary

Technip Group SA Acquires Coflexip Stena Offshore

On October 11, 2001, Technip Group SA acquired energy services and equipment company Coflexip Stena Offshore

Acquisition Highlights
  • This is Technip Group SA’s 1st transaction in the Energy Services and Equipment sector.
  • This is Technip Group SA’s 1st transaction in France.

M&A Deal Summary
Date 2001-10-11
Target Coflexip Stena Offshore
Sector Energy Services and Equipment
Buyer(s) Technip Group SA
Deal Type Add-on Acquisition

Target

Coflexip Stena Offshore

Paris, France
Coflexip Stena Offshore is providing deepwater services to offshore oil and gas industry.

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Buyer(S) 1

Buyer

Technip Group SA

Paris, France

website

Category Company
Founded 1958
Sector Engineering
Employees31,747
Revenue 10.3B EUR (2015)
DESCRIPTION

Technip is a a French provider of project management, engineering and construction services for the energy industry. Technip was formed in 1958 and is based in Paris.

DEAL STATS #
Overall 1 of 7
Sector (Energy Services and Equipment) 1 of 3
Type (Add-on Acquisition) 1 of 5
Country (France) 1 of 1
Year (2001) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-04-01 Essener Hochdruck-Rohrleitungsbau

Essen, Germany

EHR is a leading company in engineering, production as well as the assembly and repair of high-pressure pipelines in Europe. The components are predominantly used in the power station field as well as in the chemical and petrochemical industries..

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