M&A Deal Summary |
|
|---|---|
| Date | 2025-12-24 |
| Target | Petrofac - Asset Solutions |
| Sector | Business Services |
| Buyer(s) | CB&I |
| Sellers(s) | Petrofac |
| Deal Type | Divestiture |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1889 |
| Sector | Engineering |
| Revenue | 12.9B USD (2015) |
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 | 3 of 3 |
| Sector: Business Services M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 2 of 2 |
| Country: Channel Islands M&A | 1 of 1 |
| Year: 2025 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-02-28 |
APTIM
Baton Rouge, Louisiana, United States APTIM provides comprehensive and integrated maintenance services, environmental engineering and remediation, infrastructure EPC services, program management, and disaster response and recovery for the private sector and government customers. The business serves a diverse mix of commercial customers in the power, oil & gas, chemical, manufacturing, and retail sectors. Government customers include U.S. federal departments and agencies such as the DoD, DoE, FEMA, and EPA, as well as state and local governments. APTIM was founded in 2017 and is based in Baton Rouge, Louisiana. |
Sell | $755M |
| Category | Company |
|---|---|
| Founded | 1981 |
| Sector | Energy Services and Equipment |
| Employees | 8,600 |
| Revenue | 2.5B USD (2023) |
Petrofac is a global provider of total facilities solutions for the oil & gas industry. Petrofac was founded in 1981 and is based in St Helier, Jersey.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Business Services M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 2 of 2 |
| Country: Channel Islands M&A | 1 of 1 |
| Year: 2025 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-02-18 |
Petrofac - UK Training Business
United Kingdom Petrofac Ltd's UK Training Business provides training services related to Survival and Marine, Health and Safety, Fire, and Major Emergency Management capability and facilities. |
Sell | - |