M&A Deal Summary

ChampionX Acquires ChampionX

On December 19, 2019, ChampionX acquired energy services and equipment company ChampionX from Ecolab

Acquisition Highlights
  • This is ChampionX’s 1st transaction in the Energy Services and Equipment sector.
  • This is ChampionX’s 1st transaction in the United States.
  • This is ChampionX’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2019-12-19
Target ChampionX
Sector Energy Services and Equipment
Buyer(s) ChampionX
Sellers(s) Ecolab
Deal Type Divestiture

Target

ChampionX

St. Paul, Minnesota, United States
ChampionX provides drilling, completion, and energy production services.

Search 201,839 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

ChampionX

The Woodlands, Texas, United States
Category Company
Founded 1882
Sector Energy Services and Equipment
Revenue 3.8B USD (2022)
DESCRIPTION

ChampionX is a provider of engineered equipment and technologies that help companies drill for and produce oil and gas safely and efficiently around the world. The company's products provide efficient functioning throughout the lifecycle of a well - from drilling to completion to production. ChampionX was incorporated in 1882 and is based in The Woodlands, Texas.

DEAL STATS #
Overall 1 of 4
Sector (Energy Services and Equipment) 1 of 2
Type (Divestiture) 1 of 2
State (Minnesota) 1 of 1
Country (United States) 1 of 2
Year (2019) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-05 Scientific Aviation

Boulder, Colorado, United States

Scientific Aviation is an airborne research company that specializes in emissions detection and quantification of greenhouse gases and trace gas measurements for air quality. Scientific Aviation was founded in 2010 and headquartered in Boulder, Colorado.

Buy -

Seller(S) 1

SELLER

Ecolab

St. Paul, Minnesota, United States
Category Company
Founded 1923
Sector Environmental
Employees48,000
Revenue 15.3B USD (2023)
DESCRIPTION
Ecolab's corporate headquarters in downtown St. Paul, Minnesota.
Ecolab's corporate headquarters in downtown St. Paul, Minnesota.

Ecolab is a provider of water, hygiene, and energy technologies and services. The Company serves businesses in the foodservice, food processing, hospitality, healthcare, industrial, and oil and gas markets. Ecolab was founded in 1923 and is based in St. Paul, Minnesota.

DEAL STATS #
Overall 8 of 10
Sector (Energy Services and Equipment) 1 of 1
Type (Divestiture) 8 of 10
State (Minnesota) 3 of 4
Country (United States) 6 of 7
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-02 Gallay Medical & Scientific

Mulgrave, Australia

Gallay Medical & Scientific is a distributor of endoscopy, central sterile department, dental and pharmaceutical solutions in Australia and New Zealand. Gallay Medical & Scientific was founded in 1965 and is based in Mulgrave, Australia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-09 CID LINES N.V.

Ypres, Belgium

CID LINES N.V. is a provider of livestock biosecurity and hygiene solutions. CID LINES N.V. was established in 1988 and is headquartered in Ypres, Belgium.

Buy -
Mergr

Product

Company

Legal