M&A Deal Summary

CB&I Acquires The Shaw Group

On July 31, 2013, CB&I acquired engineering company The Shaw Group for 3.0B USD

Acquisition Highlights
  • This is CB&I’s 1st transaction in the Engineering sector.
  • This is CB&I’s largest (disclosed) transaction.
  • This is CB&I’s 1st transaction in the United States.
  • This is CB&I’s 1st transaction in Louisiana.

M&A Deal Summary
Date 2013-07-31
Target The Shaw Group
Sector Engineering
Buyer(s) CB&I
Deal Type Add-on Acquisition
Deal Value 3.0B USD

Target

The Shaw Group

Baton Rouge, Louisiana, United States
The Shaw Group, Inc. is a engineering and construction company focused on the energy industry.

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Buyer(S) 1

Buyer

CB&I

S-Gravenhage, Netherlands
Category Company
Founded 1889
Sector Engineering
Revenue 5.5B USD (2015)
DESCRIPTION

CB&I is an engineering and construction company specializing in the design and engineering, fabrication, field erection, and repair of bulk liquid terminals, storage tanks, process vessels, low temperature and cryogenic storage facilities and other steel plate structures and their associated systems. CB&I primarily serves customers in the petroleum, petrochemical, chemical, electric and gas utility, pulp and paper and metals and mining industries. CB&I was founded in 1889 and is based in S-Gravenhage, Netherlands.

DEAL STATS #
Overall 2 of 2
Sector (Engineering) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Louisiana) 1 of 1
Country (United States) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-08-27 Lummus Global

The Hague, Netherlands

Lummus Global is a provider of proprietary process technologies, project management and engineering, procurement and construction (EPC) management services to the upstream and downstream oil and gas, petrochemical and refining industries worldwide.

Buy $950M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-27 CB&I Stone & Webster

Boston, Massachusetts, United States

CB&I Stone & Webster, Inc. is a provider of nuclear construction and integrated services businesses.

Sell -
Mergr

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