M&A Deal Summary

TechnipFMC Acquires Technip Group SA

On May 19, 2016, TechnipFMC plc acquired engineering company Technip Group SA for 6.2B USD

Acquisition Highlights
  • This is TechnipFMC’s 3rd transaction in the Engineering sector.
  • This is TechnipFMC’s 1st largest (disclosed) transaction.
  • This is TechnipFMC’s 1st transaction in France.

M&A Deal Summary

Date 2016-05-19
Target Technip Group SA
Sector Engineering
Buyer(s) TechnipFMC plc
Deal Type Merger
Deal Value 6.2B USD
Advisor(s) Goldman Sachs Investment Banking Division
Rothschild Global Advisory (Financial)
Darrois Villey Maillot Brochier Avocats (Legal)

Target

Technip Group SA

Paris, France
website
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.

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Buyer(S) 1

Buyer

TechnipFMC plc

London, United Kingdom

website


Category Company
Founded 2015
SectorEnergy Services and Equipment
Employees20,000
Revenue 13.1B USD (2020)
DESCRIPTION
Entrance to FMC Technologies' corporate headquarters in Houston, Texas.
Entrance to FMC Technologies' corporate headquarters in Houston, Texas.

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 London, the United Kingdom.


DEAL STATS #
Overall 8 of 11
Sector (Engineering) 3 of 3
Type (Merger) 1 of 1
Country (France) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-11 FMC Technologies, Inc. - Wireline Assets

United States

FMC Technologies, Inc. - Wireline Assets includes wireline for oil and natural gas industry.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-08 FMC Technologies, Inc. - Blending & Transfer Systems

Houston, Texas, United States

FMC Technologies, Inc. - Blending & Transfer Systems is a provider of flow solutions segment within Emerson Automation Solutions.

Sell -