M&A Deal Summary |
|
|---|---|
| Date | 2008-09-03 |
| Target | Shumate Energy Technologies |
| Sector | Energy Services and Equipment |
| Buyer(s) | American International Industries |
| Sellers(s) | Hemiwedge Industries |
| Deal Type | Divestiture |
| Deal Value | 7M USD |
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| Category | Company |
|---|---|
| Founded | 1994 |
| Sector | Diversified |
| Revenue | 33M USD (2014) |
American International Industries, Inc. is a diversified holding company, with a business model similar to General Electric, Tyco International, and Berkshire Hathaway. The Company has holdings in Industry, Finance, and Real Estate in Houston, Texas and surrounding areas, and Oil & Gas.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Energy Services and Equipment) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Texas) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2008) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| Category | Company |
|---|---|
| Sector | Energy Services and Equipment |
Hemiwedge Industries is a energy field services company that incorporates new technologies to bring products to market leveraging its existing infrastructure, expertise and customer channels.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Energy Services and Equipment) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Texas) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2008) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
