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M&A Deal Summary

Roxar ASA Acquires Corrocean Srl

On June 22, 2009, Roxar ASA acquired energy services and equipment company Corrocean Srl

Acquisition Highlights
  • This is Roxar ASA’s 1st transaction in the Energy Services and Equipment sector.
  • This is Roxar ASA’s 1st transaction in Italy.

M&A Deal Summary
Date 2009-06-22
Target Corrocean Srl
Sector Energy Services and Equipment
Buyer(s) Roxar ASA
Deal Type Add-on Acquisition

Target

Corrocean Srl

Rome, Italy
Corrocean Srl is a company specialized in the supply of corrosion monitoring instrumentation offering a complete range of products and services to the Oil and Gas industry, offshore as well as onshore. The company has acquired the reputation of being a market leader in its area of technology.

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Buyer(S) 1

Buyer

Roxar ASA

Stavanger, Norway
Category Company
Sector Machinery
DESCRIPTION

Roxar is an international provider of products and associated services for reservoir management and production optimization. Its primary products and services are multiphase subsea meters and reservoir management software.

DEAL STATS #
Overall 1 of 1
Sector (Energy Services and Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Italy) 1 of 1
Year (2009) 1 of 1
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