M&A Deal Summary

MarkWater Handling Systems Acquires Western Oilfield Equipment Rentals

On May 17, 2012, MarkWater Handling Systems acquired oil/gas exploration company Western Oilfield Equipment Rentals

Acquisition Highlights
  • This is MarkWater Handling Systems’ 1st transaction in the Oil/Gas Exploration sector.
  • This is MarkWater Handling Systems’ 1st transaction in Canada.
  • This is MarkWater Handling Systems’ 1st transaction in Alberta.

M&A Deal Summary

Date 2012-05-17
Target Western Oilfield Equipment Rentals
Sector Oil/Gas Exploration
Buyer(s) MarkWater Handling Systems
Deal Type Add-on Acquisition

Target

Western Oilfield Equipment Rentals

Leduc, Alberta, Canada

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Buyer(S) 1

Buyer

MarkWater Handling Systems

Calgary, Alberta, Canada

Category Company
Sector Energy Services and Equipment
DESCRIPTION

MarkWater is an international manufacturer of automated pipe handling equipment with specific focus on the offshore jack-up rig market.


DEAL STATS #
Overall 1 of 1
Sector: Oil/Gas Exploration M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Alberta M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2012 M&A 1 of 1