M&A Deal Summary

PTD Acquires Logan Industries International

On May 22, 2018, PTD acquired oil/gas exploration company Logan Industries International from Doedijns International

Acquisition Highlights
  • This is PTD’s 1st transaction in the Oil/Gas Exploration sector.
  • This is PTD’s 1st transaction in the United States.
  • This is PTD’s 1st transaction in Texas.

M&A Deal Summary

Date 2018-05-22
Target Logan Industries International
Sector Oil/Gas Exploration
Buyer(s) PTD
Sellers(s) Doedijns International
Deal Type Divestiture

Target

Logan Industries International

Hempstead, Texas, United States
Logan Industries International is an integrated engineering and manufacturing company, which focuses on heavy hydraulic equipment for the offshore oil and gas industry. Logan Industries International was founded in 2002 and is based in Hempstead, Texas.

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Buyer(S) 1

Buyer

PTD

Moerdijk, Netherlands

Category Company
Sector Machinery
Revenue 33M EUR (2015)
DESCRIPTION

PTD is a state-of-the-art manufacturer of high-end process equipment in high grade materials such as titanium, super-duplex and high-nickel alloys. PTD serves blue chip clients in the renewable energy markets (i.e. solar grade polysilicons, nuclear energy and car battery markets) and chemical markets. The company is typically hired in complex situations whereby PTD adds value in the engineering and design phase followed by flawless execution with a fault rate of zero. PTD serves clients globally and has manufacturing facilities in the United States, The Netherlands and Estonia. PTD is based in Moerdijk, Netherlands.


DEAL STATS #
Overall 1 of 1
Sector: Oil/Gas Exploration M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1

Seller(S) 1

SELLER

Doedijns International

Zoetermeer, Netherlands

Category Company
Founded 1879
Sector Machinery
Revenue 68M EUR (2025)
DESCRIPTION

Doedijns International has built up a leading position in the Oil & Gas, Maritime & Dredging and High-End Machine Building industries. Because of its specific knowledge and effective working method, Doedijns supplies worldwide on request for many tier 1 clients the complete management for their projects: from advising, customer specific system engineering & procurement to installing, commissioning and maintenance. Doedijns International was founded in 1879 and is based in Zoetermeer, Netherlands.


DEAL STATS #
Overall 1 of 1
Sector: Oil/Gas Exploration M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-08 Logan Industries International

Hempstead, Texas, United States

Logan Industries International is an integrated engineering and manufacturing company, which focuses on heavy hydraulic equipment for the offshore oil and gas industry. Logan Industries International was founded in 2002 and is based in Hempstead, Texas.

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