M&A Deal Summary |
|
|---|---|
| Date | 2024-09-11 |
| Target | Novatec - Downstream Equipment Products |
| Sector | Manufacturing |
| Buyer(s) | Reel Power International |
| Sellers(s) | Novatec |
| Deal Type | Divestiture |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1948 |
| Sector | Machinery |
Reel Power International supplies industrial- and energy-sector equipment for reeling, spooling, coiling, and winding flexible materials such as cable, wire, hose, tubing, and pipe. The Company’s offerings include both standard and custom machines (take-up/pay-out units, turntables, spooling machines, coiling systems, trailers, winches, and specialized equipment for marine/offshore, oil & gas, cable & fiber-optic, and manufacturing industries). Reel Power provides design, engineering, manufacturing as well as field support and consulting aiming to improve safety, efficiency, and reduce operational risk and downtime for clients. Reel Power International was formed in 1948 and is based in Oklahoma City, Oklahoma.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Manufacturing M&A | 2 of 2 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Maryland M&A | 1 of 1 |
| Country: United States M&A | 3 of 3 |
| Year: 2024 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-01-01 |
Radoil
Houston, Texas, United States Radoil, Inc. designs and manufactures offshore and oilfield products. |
Buy | - |
Novatec is a manufacturer of resin dryers for the plastics industry. Novatec is based in Baltimore, Maryland.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Manufacturing M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Maryland M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2024 M&A | 1 of 1 |
