M&A Deal Summary

Cameron Acquires Vescon Equipamentos Industriais

On February 1, 2011, Cameron acquired energy services and equipment company Vescon Equipamentos Industriais

Acquisition Highlights
  • This is Cameron’s 5th transaction in the Energy Services and Equipment sector.
  • This is Cameron’s 1st transaction in Brazil.

M&A Deal Summary

Date 2011-02-01
Target Vescon Equipamentos Industriais
Sector Energy Services and Equipment
Buyer(s) Cameron
Deal Type Add-on Acquisition

Target

Vescon Equipamentos Industriais

Brazil
Vescon Equipamentos Industriais Ltda. a manufacturing products for the Brazilian oil and gas industry. Vescon manufactures onshore wellhead and Christmas trees systems and API 6A and 6D valves.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Cameron

Houston, Texas, United States

Category Company
Founded 1833
Sector Energy Services and Equipment
Revenue 10.4B USD (2014)
DESCRIPTION
Cameron office in Houston, Texas.
Cameron office in Houston, Texas.

Cameron is a global provider of pressure control, flow equipment, and processing systems for the oil, gas, and industrial sectors. Originally founded as Cameron Iron Works the firm has built a reputation for its wellhead systems, blowout preventers, valves, and processing equipment. Cameron was formed in 1833 and is based in Houston, Texas.


DEAL STATS #
Overall 9 of 14
Sector: Energy Services and Equipment M&A 5 of 6
Type: Add-on Acquisition M&A Deals 8 of 10
Country: Brazil M&A 1 of 1
Year: 2011 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-05-07 Eagle Precision Products

United States

Eagle Precision Products LLC is a provider of flow control supplies to operators in shale gas basins in the United States.

Buy $13M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-10-24 LeTourneau Technologies - Drilling Products Business

Houston, Texas, United States

LeTourneau's drilling products business is a leading designer of offshore jack-up drilling rigs as well as a manufacturer of the primary components for these rigs. It is also a major manufacturer of drilling equipment for large land and offshore rigs and of specialty steel products.

Buy $375M