Add-on Acquisition • Energy Services and Equipment

BW Sirocco Holdings Acquires BW Ideol

On November 9, 2023, BW Sirocco Holdings acquired energy services and equipment company BW Ideol

Acquisition Context

This is BW Sirocco Holdings’ 1st transaction in the Energy Services and Equipment sector.
This is BW Sirocco Holdings’ 1st transaction in France.

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M&A Deal Summary
Date	November 9, 2023
Target	BW Ideol
Sector	Energy Services and Equipment
Buyer(s)	BW Sirocco Holdings
Deal Type	Add-on Acquisition

Target Company

BW Ideol

La Ciotat, France

BW Ideol is a provider of floating foundations to the offshore wind industry. BW Ideol was founded in 2010 and is based in La Ciotat, France.

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Buyer Overview 1

Buyer

BW Sirocco Holdings

Norway

Category	Company
Sector	Energy Services and Equipment

DESCRIPTION

BW Sirocco Holdings specializes in shipping, floating infrastructure, deepwater oil and gas production, and sustainable energy technologies such as wind turbine vessels installation for offshore construction and maintenance for businesses. BW Sirocco Holdings serves customers in Norway.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Energy Services and Equipment	1 of 1
Type: Add-on Acquisition	1 of 1
Country: France	1 of 1
Year: 2023	1 of 1

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