M&A Deal Summary

Schlumberger Acquires Omron Oilfield and Marine

On June 2, 2016, Schlumberger acquired energy services and equipment company Omron Oilfield and Marine from OMRON

Acquisition Highlights
  • This is Schlumberger’s 20th transaction in the Energy Services and Equipment sector.
  • This is Schlumberger’s 16th transaction in the United States.
  • This is Schlumberger’s 1st transaction in Washington.

M&A Deal Summary
Date 2016-06-02
Target Omron Oilfield and Marine
Sector Energy Services and Equipment
Buyer(s) Schlumberger
Sellers(s) OMRON
Deal Type Divestiture

Target

Omron Oilfield and Marine

Houston, Washington, United States
Omron Oilfield and Marine designs, manufactures, sells, and provides aftermarket services for automated drive and control systems, power houses, and drillers’ cabins. The company also offers software-based drilling technologies on a rental or subscription basis. Omron Oilfield and Marine was founded in Houston as Industrial Drive Maintenance, Inc. (IDM) in 1973.

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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 33.1B USD (2023)
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 43 of 48
Sector (Energy Services and Equipment) 20 of 24
Type (Divestiture) 4 of 4
State (Washington) 1 of 1
Country (United States) 16 of 18
Year (2016) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-01 Saltel Industries SAS

Bruz, France

Saltel Industries SAS is an engineering, manufacturing and service company that offers expandable patches and steel packers technology for the oil and gas industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-05 Peak Well Systems Pty

Perth, Australia

Peak Well Systems Pty Ltd. is a provider of downhole well intervention technology to the global oil & gas industry. The company’s advanced tools extend well life, restore well integrity and enhance well performance.

Buy -

Seller(S) 1

SELLER

OMRON

Kyoto, Japan
Category Company
Founded 1990
Sector Electronics
Employees36,842
DESCRIPTION

OMRON Corporation manufactures and sells automation components, equipment, and systems worldwide.

DEAL STATS #
Overall 1 of 2
Sector (Energy Services and Equipment) 1 of 1
Type (Divestiture) 1 of 2
State (Washington) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-26 Adept Technology

Pleasanton, California, United States

Adept Technology, Inc. is a manufacturer of intelligent automation products including autonomous mobile robots, industrial robots, configurable linear modules, machine controllers for robot mechanisms and other flexible automation equipment as well as machine vision systems and software. Adept’s strategy is to provide a broad range of highly reliable integrated products with world-class service to help manufacturers maximize productivity, safety, flexibility and product quality.

Buy $200M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-30 Microscan Systems

Renton, Washington, United States

Microscan is a global provider of world-class machine vision technology and solutions for critical identification, inspection and verification applications. Spectris' strategy is transitioning to provide innovative customer solutions incorporating hardware, software and services in selected markets.

Buy £123M
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