M&A Deal Summary |
|
|---|---|
| Date | 2015-10-30 |
| Target | Advantec AS |
| Sector | Energy Services and Equipment |
| Buyer(s) | GE Oil & Gas |
| Sellers(s) | Norvestor Equity AS |
| Deal Type | Add-on Acquisition |
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GE Oil and Gas specializes in turbomachinery technology, which is used in mechanical-drive, compression and power-generation applications in the hydrocarbons industry. GE Oil & Gas serves customers all over the world. GE Oil & Gas is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 6 |
| Sector: Energy Services and Equipment M&A | 3 of 3 |
| Type: Add-on Acquisition M&A Deals | 4 of 4 |
| Country: Norway M&A | 2 of 2 |
| Year: 2015 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-01-20 |
Cameron International - Reciprocating Compression Division
Houston, Texas, United States Cameron’s Compression Business provides a suite of higher horsepower, high-speed reciprocating compressors for oil and gas production, processing and distribution. |
Buy | $550M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1993 |
| PE ASSETS | 2.1B EUR |
| Size | Large |
| Type | Sector Agnostic |
Norvestor Equity is an independent private equity group focused on opportunities throughout Norway and the nearby Nordic region. Norvestor generally looks to acquire control positions in businesses with strong market positions, clear potential for sales and earnings growth, and motivated management. Sectors of interest include engineering/technology, food/beverage, IT, telecommunications, maritime equipment, oil services, power/energy, retail, and services/outsourcing. The Firm's investment size is €10 to €45 million in companies with enterprise values of €20 to €125 million. Norvestor Equity is based in Oslo with an additional office in Stockholm.
| DEAL STATS | # |
|---|---|
| Overall | 31 of 52 |
| Sector: Energy Services and Equipment M&A | 3 of 4 |
| Type: Add-on Acquisition M&A Deals | 9 of 18 |
| Country: Norway M&A | 26 of 34 |
| Year: 2015 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-05-07 |
Permascand
Ljungaverk, Sweden Permascand is an engineering and manufacturing company across the business areas of electrochemical process technology, water treatment systems and welded equipment & components. Permascand was founded in 1971 and is based in Ljungaverk, Sweden. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-11-09 |
Phonero
Kristiansand, Norway Phonero is a privately owned mobile virtual network operator (“MVNO”) providing telecommunication services to small and medium sized businesses. Phonero was founded in 2008 and is based Kristiansand, Norway. |
Buy | - |
