Add-on Acquisition • Energy Services and Equipment

Roxar ASA Acquires Corrocean Srl

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

Acquisition Context

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

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

Target Company

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 Overview 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 Context for Buyer	#
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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Energy Services and Equipment M&A - Add-on Acquisition M&A Deals - Italy M&A - 2009 M&A