M&A Deal Summary

Dresser-Rand Acquires Synchrony

On December 7, 2011, Dresser-Rand acquired electrical equipment company Synchrony for 50M USD

Acquisition Highlights
  • This is Dresser-Rand’s 2nd transaction in the Electrical Equipment sector.
  • This is Dresser-Rand’s 2nd largest (disclosed) transaction.
  • This is Dresser-Rand’s 3rd transaction in the United States.
  • This is Dresser-Rand’s 1st transaction in Virginia.

M&A Deal Summary
Date 2011-12-07
Target Synchrony
Sector Electrical Equipment
Buyer(s) Dresser-Rand
Deal Type Add-on Acquisition
Deal Value 50M USD
Advisor(s) Stifel, Nicolaus & Co., Inc. (Financial)

Target

Synchrony

Salem, Virginia, United States
Synchrony is a technology development company with a portfolio of technologies and products including active magnetic bearings (AMB), high speed motors and generators, and power electronics for clean, efficient, and reliable rotating machinery.

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Buyer(S) 1

Buyer

Dresser-Rand

Houston, Texas, United States
Category Company
Sector Energy Services and Equipment
Revenue 3.0B USD (2013)
DESCRIPTION
Dresser-Rand office in Houston, Texas.
Dresser-Rand office in Houston, Texas.

Dresser-Rand is a supplier of infrastructure equipment, including compressors, turbines and engines, as well as related after-market parts and services, to the global energy industry. Dresser-Rand is based in Houston, Texas.

DEAL STATS #
Overall 5 of 5
Sector (Electrical Equipment) 2 of 2
Type (Add-on Acquisition) 5 of 5
State (Virginia) 1 of 1
Country (United States) 3 of 3
Year (2011) 2 of 2
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-04 Grupo Guascor S.L.

Alava, Spain

Grupo Guascor SL is a diversified and global industrial group focused on the power engines manufacturing and energy industries. Its activities include: (1) manufacturing and operation of engines for power generation in isolated areas and for environmental applications, (2) operation of own power generation plants in Spain and Brazil and (3) wind, solar and biomass power industries.

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