M&A Deal Summary

Argan Acquires Atlantic Projects Company

On May 12, 2015, Argan acquired energy services and equipment company Atlantic Projects Company

Acquisition Highlights
  • This is Argan’s 2nd transaction in the Energy Services and Equipment sector.
  • This is Argan’s 1st transaction in Singapore.

M&A Deal Summary

Date 2015-05-12
Target Atlantic Projects Company
Sector Energy Services and Equipment
Buyer(s) Argan
Deal Type Add-on Acquisition

Target

Atlantic Projects Company

Singapore
Atlantic Projects Company Ltd. is a provider of construction and technical services for power generation, oil & gas, industrial and process industry customers worldwide.

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Buyer(S) 1

Buyer

Argan

Arlington, Virginia, United States

Category Company
Founded 1961
Sector Construction
Employees1,595
Revenue 874M USD (2025)
DESCRIPTION

Argan is a provider of engineering, procurement, construction, commissioning, maintenance, and consulting service. Argan energy plants include simple and combined cycle natural gas-fired power plants as well as alternative energy facilities including biodiesel, ethanol, and those powered by renewable energy sources such as wind and solar. Argan was founded in 1961 and is based in Arlington, Virginia.


DEAL STATS #
Overall 4 of 5
Sector: Energy Services and Equipment M&A 2 of 2
Type: Add-on Acquisition M&A Deals 4 of 5
Country: Singapore M&A 1 of 1
Year: 2015 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-03-14 Vitarich Laboratories

Naples, Florida, United States

Vitarich Laboratories is an integrated manufacturer of nutraceutical products including nutritional and whole-food dietary supplements.

Sell $3M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-04 The Roberts Company

Winterville, North Carolina, United States

The Roberts Company, Inc. is an industrial construction, fabricator, and plant maintenance contractor. TRC's field services division specializes in providing plant maintenance, plant retrofits and expansion services largely in the Mid-Atlantic region, while its fabrication division manufactures ASME code pressure vessels, heat exchangers, reactors, columns, conveyors, skids/ducts/piping, high purity equipment and storage tanks for customers in the United States and abroad.

Buy $500K