Explore All 483 Divestiture Energy Services and Equipment Deals - Search the Database Free
M&A Deal Summary |
|
|---|---|
| Date | May 16, 2011 |
| Target | LeTourneau Technologies |
| Sector | Energy Services and Equipment |
| Buyer(s) | Komatsu Mining |
| Sellers(s) | Rowan Companies |
| Deal Type | Divestiture |
| Deal Value | 1.1B USD |
FILTER BY
| Category | Company |
|---|---|
| Founded | 1884 |
| Sector | Machinery |
| Employees | 13,400 |
| Revenue | 3.2B USD (2015) |
Komatsu Mining is a producer of high-productivity mining solutions. The Company manufactures and markets original equipment and aftermarket parts and services for the mining sector. Joy Global's products and related services are used extensively for the mining of coal, copper, iron ore, oil sands, gold, and other mineral resources. Komatsu Mining was formerly known as Joy Global. The Company was established in 1884 and is based in Milwaukee, Wisconsin.
| Deal Context for Buyer | # |
|---|---|
| Overall | 3 of 7 |
| Sector: Energy Services and Equipment | 1 of 1 |
| Type: Divestiture | 3 of 4 |
| State: Texas | 1 of 1 |
| Country: United States | 2 of 2 |
| Year: 2011 | 1 of 2 |
| Size (of disclosed) | 1 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-12-22 |
Wuxi Shengda Machinery Co.
Wuxi, China Wuxi Shengda, a Chinese manufacturer of longwall shearing machines. |
Buy | $22M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-10-24 |
LeTourneau Technologies - Drilling Products Business
Houston, Texas, United States LeTourneau's drilling products business is a leading designer of offshore jack-up drilling rigs as well as a manufacturer of the primary components for these rigs. It is also a major manufacturer of drilling equipment for large land and offshore rigs and of specialty steel products. |
Sell | $375M |
| Category | Company |
|---|---|
| Founded | 1923 |
| Sector | Energy Services and Equipment |
| Employees | 3,496 |
| Revenue | 2.1B USD (2015) |
Rowan Companies Plc is a provider of international contract drilling services in the ultra-deepwater and shallow water jack-up market with a fleet of 34 offshore drilling units, including four ultra-deepwater drillships, one of which is currently under construction, and 30 jack-up rigs, 19 of which are rated high-specification. Rowan Companies was founded in 1923 and is based in Houston, Texas.
| Deal Context for Seller | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Energy Services and Equipment | 1 of 1 |
| Type: Divestiture | 1 of 1 |
| State: Texas | 1 of 1 |
| Country: United States | 1 of 1 |
| Year: 2011 | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
