M&A Deal Summary

ChampionX Acquires RMSpumptools

On March 22, 2024, ChampionX acquired energy services and equipment company RMSpumptools from James Fisher and Sons for 110M USD

Acquisition Highlights
  • This is ChampionX’s 2nd transaction in the Energy Services and Equipment sector.
  • This is ChampionX’s largest (disclosed) transaction.
  • This is ChampionX’s 2nd transaction in the United Kingdom.

M&A Deal Summary

Date 2024-03-22
Target RMSpumptools
Sector Energy Services and Equipment
Buyer(s) ChampionX
Sellers(s) James Fisher and Sons
Deal Type Divestiture
Deal Value 110M USD

Target

RMSpumptools

Aberdeen, United Kingdom
RMSpumptools designs and manufactures highly engineered mechanical and electrical solutions for complex artificial lift applications. RMSpumptools is based in Aberdeen, Scotland.

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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 4 of 4
Sector (Energy Services and Equipment) 2 of 2
Type (Divestiture) 2 of 2
Country (United Kingdom) 2 of 2
Year (2024) 2 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-27 Artificial Lift Performance

Edinburgh, United Kingdom

Artificial Lift Performance is a provider of advanced analytics solutions for enhancing oil and gas production performance. ALP was formed in 2004 and is based in Edinburgh, Scotland.

Buy -

Seller(S) 1

SELLER

James Fisher and Sons

Barrow-In-Furness, United Kingdom

Category Company
Founded 1847
Sector Diversified
Employees2,041
Revenue 496M GBP (2023)
DESCRIPTION

James Fisher and Sons is a provider of services, innovation and technology to the marine, oil & gas and other high assurance industries worldwide. James Fisher and Sons was founded in 1847 and is based in Barrow-in-Furness, United Kingdom.


DEAL STATS #
Overall 2 of 2
Sector (Energy Services and Equipment) 1 of 1
Type (Divestiture) 2 of 2
Country (United Kingdom) 2 of 2
Year (2024) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-05 James Fisher NDT

Cumbria, United Kingdom

James Fisher NDT offers a range of complementary tube testing services which include remote visual, IRIS ultrasonic, and eddy current methods. James Fisher NDT was founded in 1953 and is based in Cumbria, United Kingdom.

Sell -