M&A Deal Summary

Forum Energy Technologies Acquires Moffat 2000

On July 15, 2013, Forum Energy Technologies acquired manufacturer Moffat 2000

Acquisition Highlights
  • This is Forum Energy Technologies’ 3rd transaction in the Manufacturing sector.
  • This is Forum Energy Technologies’ 5th transaction in the United Kingdom.

M&A Deal Summary

Date 2013-07-15
Target Moffat 2000
Sector Manufacturing
Buyer(s) Forum Energy Technologies
Deal Type Add-on Acquisition

Target

Moffat 2000

Ashington, United Kingdom
Moffat 2000 Ltd. is a manufacturer of subsea pipeline inspection gauge launching and receiving systems, and subsea connectors.

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Buyer(S) 1

Buyer

Forum Energy Technologies

Houston, Texas, United States

Category Company
Founded 2005
Sector Energy Services and Equipment
Employees1,800
Revenue 816M USD (2024)
DESCRIPTION

Forum Energy Technologies is a provider of manufactured technologies and applied products to the energy industry, serving the subsea, drilling, completion, production, and flow control segments. Forum Energy Technologies was founded in 2005 and is based in Houston, Texas.


DEAL STATS #
Overall 13 of 22
Sector: Manufacturing M&A 3 of 3
Type: Add-on Acquisition M&A Deals 12 of 19
Country: United Kingdom M&A 5 of 6
Year: 2013 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-06-05 Global Tubing

Dayton, Texas, United States

Global Tubing is a manufacturer of coiled tubing. The company's products are intended for the world coiled tubing market. Global Tubing was founded in 2007 and is based in Dayton, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-01 Quality Wireline & Cable

Calgary, Alberta, Canada

Quality is a manufacturer of a full range of cased-hole electro-mechanical (''EM'') wireline cables for the oil and gas industry.

Buy -