M&A Deal Summary

Schlumberger Acquires BIA Separations d.o.o.

On November 2, 2020, Schlumberger acquired manufacturer BIA Separations d.o.o.

Acquisition Highlights
  • This is Schlumberger’s 1st transaction in the Manufacturing sector.
  • This is Schlumberger’s 1st transaction in Slovenia.

M&A Deal Summary

Date 2020-11-02
Target BIA Separations d.o.o.
Sector Manufacturing
Buyer(s) Schlumberger
Deal Type Add-on Acquisition
Advisor(s) EC M&A (Financial)

Target

BIA Separations d.o.o.

Ajdovščina, Slovenia
BIA Separations develops and manufactures products for purification and analysis of large biomolecules, such as viruses, plasmids, and mRNA, which are used in cell and gene therapies and other advanced therapies. BIA's technology for manufacturing-scale purification is already used in the production of the first commercialized advanced therapeutics, and the company also has a strong presence with such novel drug candidates in the clinical pipeline. BIA Separations was formed in 1998 and is based in Ajdovščina, Slovenia.

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Buyer(S) 1

Buyer

Schlumberger

Houston, Texas, United States

Category Company
Founded 1926
Sector Energy Services and Equipment
Employees111,000
Revenue 36.3B USD (2024)
DESCRIPTION
Schlumberger office in Houston, Texas.
Schlumberger office in Houston, Texas.

Schlumberger is an oilfield services company. Schlumberger offers technology, integrated project management and information solutions to customers working in the oil and gas industry. Schlumberger was formed in 1926 and is based in Houston, Texas.


DEAL STATS #
Overall 45 of 48
Sector: Manufacturing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 35 of 38
Country: Slovenia M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-02 Schlumberger - North American Rod Lift Business

Texas, United States

Schlumberger's North American Rod Lift Business is a provider of rod lift products and services in North America (onshore) with brands including Don-Nan, Shores Lift Solutions, KBA Engineering, Platinum Pumpjack Services, and RLC Rod Lift Consulting. The Business provides its customers with a full product offering including downhole pumps and accessories, beam pumping units, sucker rods, and gas lift products. The Rod Lift Business has significant manufacturing and distribution capacity and has developed differentiated technology offerings, including the proprietary PumpTrak software. The Business has an expansive footprint across all major oil-producing regions in North America (onshore), including the Permian Basin where Don-Nan has operated for almost 60 years.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-31 SPT Group

Kjeller, Norway

SPT Group provides a combination of software and consulting services to the international petroleum industry. The company's two main business activities are software development/sale and consulting work in multiphase flow and reservoir simulation. SPT Group was founded in 1989 and is based in Kjeller, Norway.

Sell -