M&A Deal Summary |
|
|---|---|
| Date | 2018-05-08 |
| Target | Baker Hughes - AC Compressor & CONMEC Engineered Compressors Business |
| Sector | Electrical Equipment |
| Buyer(s) | Rotating Machinery Services |
| Sellers(s) | Baker Hughes |
| Deal Type | Divestiture |
SEARCH BY
Try For Free 7-Day Free Trial
| Category | Company |
|---|---|
| Founded | 1997 |
| Sector | Business Services |
Rotating Machinery Services is a provider of specialty aftermarket repair, maintenance, and overhaul services for large, highly engineered rotating machinery. RMS’s solutions improve performance and extend the useful life of complex machinery used in customers’ critical industrial processes. Rotating Machinery Services was founded in 1997 and is based in Bethlehem, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Electrical Equipment) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Texas) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2018) | 1 of 1 |
| Category | Company |
|---|---|
| Sector | Energy Services and Equipment |
| Employees | 57,000 |
| Revenue | 25.5B USD (2023) |
Baker Hughes is a provider of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company operates in more than 80 countries helping customers find, evaluate, drill, produce, transport and process hydrocarbon resources. Baker Hughes is headquartered in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 10 |
| Sector (Electrical Equipment) | 1 of 1 |
| Type (Divestiture) | 4 of 10 |
| State (Texas) | 2 of 6 |
| Country (United States) | 3 of 9 |
| Year (2018) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-01-01 |
Lufkin
Missouri City, Texas, United States Lufkin is a global provider of rod lift products, technologies, services and solutions, including automated control and optimization equipment and software for rod lift equipment to the oil and gas industry. Lufkin manufactures a complete line of surface pumping units, downhole sucker rod pumps and automation systems in six manufacturing and assembly facilities worldwide. Lufkin has an extensive global service footprint that operates throughout the oil-producing world. Lufkin was founded in 1902 and is based in Missouri City, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-07-18 |
Dresser Utility Solutions
Houston, Texas, United States Dresser Utility Solutions is a global original equipment manufacturer of commercial and industrial natural gas meters and pipeline repair products. Dresser Utility Solutions has highly accurate, scalable manufacturing capabilities for proprietary dresser products including natural gas meters and instruments and gas pipeline solutions, as well as additional manufacturing of chemical injection pumps and electric actuators. Dresser Utility Solutions was founded in 1880 and is based in Houston, Texas. |
Sell | - |
