Divestiture • Energy Services and Equipment

Dangote Industries Acquires Twister

On October 17, 2016, Dangote Industries acquired energy services and equipment company Twister

Acquisition Context
  • This is Dangote Industries’ 1st transaction in the Energy Services and Equipment sector.
  • This is Dangote Industries’ 1st transaction in the Netherlands.

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M&A Deal Summary

Date October 17, 2016
Target Twister
Sector Energy Services and Equipment
Buyer(s) Dangote Industries
Deal Type Divestiture

Target Company

Twister

Rijswijk, Netherlands
Twister offers advanced process solutions and associated services based around its supersonic gas processing technology for gas treatment to the energy industry worldwide, for both the upstream and midstream markets. Twister was founded in 1999 and is based in Rijswijk, Netherlands.
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Buyer Overview 1

Buyer

Dangote Industries

Falomo , Nigeria

Category Company
Founded 1981
Sector Diversified
DESCRIPTION

Dangote Industries involves in providing wide range of sectors including cement, sugar, salt, condiments, packaging, energy, port operations, fertilizer, and petrochemicals. Dangote Industries was founded in 1981 and is based in Falomo, Nigeria.


Deal Context for Buyer #
Overall 1 of 1
Sector: Energy Services and Equipment 1 of 1
Type: Divestiture 1 of 1
Country: Netherlands 1 of 1
Year: 2016 1 of 1