M&A Deal Summary

Newpark Resources Acquires AVA

On June 3, 2002, Newpark Resources acquired energy services and equipment company AVA for 8M EUR

Acquisition Highlights
  • This is Newpark Resources’ 1st transaction in the Energy Services and Equipment sector.
  • This is Newpark Resources’ 2nd largest (disclosed) transaction.
  • This is Newpark Resources’ 1st transaction in Italy.

M&A Deal Summary

Date 2002-06-03
Target AVA
Sector Energy Services and Equipment
Buyer(s) Newpark Resources
Deal Type Add-on Acquisition
Deal Value 8M EUR

Target

AVA

Rome, Italy
Ava SpA is a drilling fluids supplier based in Rome, Italy,

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Buyer(S) 1

Buyer

Newpark Resources

The Woodlands, Texas, United States

Category Company
Founded 1932
Sector Energy Services and Equipment
Employees1,550
Revenue 750M USD (2023)
DESCRIPTION

Newpark Resources is a provider of drilling fluids, temporary worksites and access roads for oilfield and other commercial markets. Newpark Resources was founded in 1932 and is based in The Woodlands, Texas.


DEAL STATS #
Overall 1 of 3
Sector (Energy Services and Equipment) 1 of 3
Type (Add-on Acquisition) 1 of 3
Country (Italy) 1 of 1
Year (2002) 1 of 1
Size (of disclosed) 2 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-09-13 SEM Construction

Grand Junction, Colorado, United States

SEM Construction Co. is a provider of construction, reclamation, maintenance services for oil and gas industry.

Buy $21M