Add-on Acquisition • Energy Services and Equipment

EnerMech Acquires Pavitt Energy

On April 9, 2009, EnerMech acquired energy services and equipment company Pavitt Energy

Acquisition Context
  • This is EnerMech’s 1st transaction in the Energy Services and Equipment sector.
  • This is EnerMech’s 2nd transaction in United Arab Emirates.

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M&A Deal Summary

Date April 9, 2009
Target Pavitt Energy
Sector Energy Services and Equipment
Buyer(s) EnerMech
Deal Type Add-on Acquisition

Target Company

Pavitt Energy

Dubai, United Arab Emirates
Pavitt Energy Ltd. is a provider of equipment rental and the supply of a personnel for a wide range of onshore and offshore oil, gas, construction and drilling projects.
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Buyer Overview 1

Buyer

EnerMech

Aberdeen, United Kingdom

Category Company
Founded 2008
Sector Energy Services and Equipment
DESCRIPTION

EnerMech is an international services company providing critical asset support to the energy, infrastructure and industrials sectors. EnerMech was founded in 2008 and is based in Aberdeen, Scotland.


Deal Context for Buyer #
Overall 3 of 11
Sector: Energy Services and Equipment 1 of 3
Type: Add-on Acquisition 3 of 11
Country: United Arab Emirates 2 of 2
Year: 2009 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-04-09 Scotia Oilfield Trading FZE

Ras al-Khaimah, United Arab Emirates

Scotia Oilfield Trading FZE is an equipment repair company.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-04-14 Norson Power

Aberdeen, United Kingdom

Norson Power Ltd. is a provider of hydraulic pipework installation and designs and manufactures hydraulic equipment for the oil, gas and marine industries.

Buy £11M