M&A Deal Summary |
|
|---|---|
| Date | 2011-10-24 |
| Target | LeTourneau Technologies - Drilling Products Business |
| Sector | Energy Services and Equipment |
| Buyer(s) | Cameron International |
| Sellers(s) | Komatsu Mining |
| Deal Type | Divestiture |
| Deal Value | 375M USD |
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| Category | Company |
|---|---|
| Founded | 1833 |
| Sector | Energy Services and Equipment |
| Employees | 28,000 |
| Revenue | 10.4B USD (2014) |
Cameron International Corp. is a provider of flow equipment products, systems and services to the global oil and gas sector. Cameron International was formed in 1833 and is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 10 of 14 |
| Sector (Energy Services and Equipment) | 6 of 6 |
| Type (Divestiture) | 1 of 2 |
| State (Texas) | 3 of 4 |
| Country (United States) | 6 of 7 |
| Year (2011) | 2 of 2 |
| Size (of disclosed) | 2 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-02-01 |
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. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-06-06 |
TTS Energy Division
Norway TTS Energy Division delivers high performance drilling equipment, rig packages and rig solutions for both the jack-up and onshore rigs to the international energy industry. TTS Energy products include drilling rig control systems, top drives, traveling blocks, automated pipe handling, iron rough necks, drawworks, derrick structures, drill floor tools, fingerboards, BOP handling equipment, deadline anchors, and drill line spoolers. |
Buy | $270M |
| Category | Company |
|---|---|
| Founded | 1884 |
| Sector | Machinery |
| Employees | 13,400 |
| Revenue | 3.2B USD (2015) |
Komatsu Mining is a producer of high-productivity mining solutions. The Company manufactures and markets original equipment and aftermarket parts and services for the mining sector. Joy Global's products and related services are used extensively for the mining of coal, copper, iron ore, oil sands, gold, and other mineral resources. Komatsu Mining was formerly known as Joy Global. The Company was established in 1884 and is based in Milwaukee, Wisconsin.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 4 |
| Sector (Energy Services and Equipment) | 1 of 1 |
| Type (Divestiture) | 2 of 4 |
| State (Texas) | 1 of 1 |
| Country (United States) | 2 of 4 |
| Year (2011) | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-05-16 |
LeTourneau Technologies
Houston, Texas, United States LeTourneau designs, builds and supports equipment for the mining and oil and gas drilling industries. |
Buy | $1.1B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-12-29 |
International Mining Machinery
Jixi, China International Mining Machinery Ltd. was formed in 2006 to acquire Jixi Coal Mining Machinery Co., Ltd. (Jixi Machinery) and Jiamusi Coal Mining Machinery Co., Ltd. (Jiamusi Machinery). Jixi Machinery is headquartered in Jixi, Heilongjiang Province, China and is the leading manufacturer of shearers in China. The shearer is the ?workhorse? of mine equipment that does the actual cutting of the coal from the coal face in underground longwall mining. Jiamusi Machinery is headquartered in Jiamusi, Heilongjiang Province, China and is the leading manufacturer of roadheaders in China. |
Buy | - |
