M&A Deal Summary

Siemens Acquires Dresser-Rand

On June 29, 2015, Siemens acquired energy services and equipment company Dresser-Rand for 7.8B USD

Acquisition Highlights
  • This is Siemens’ 3rd transaction in the Energy Services and Equipment sector.
  • This is Siemens’ 2nd largest (disclosed) transaction.
  • This is Siemens’ 14th transaction in the United States.
  • This is Siemens’ 4th transaction in Texas.

M&A Deal Summary

Date 2015-06-29
Target Dresser-Rand
Sector Energy Services and Equipment
Buyer(s) Siemens
Deal Type Add-on Acquisition
Deal Value 7.8B USD
Advisor(s) Morgan Stanley
Zaoui & Co. (Financial)
Wachtell, Lipton, Rosen & Katz
Gibson, Dunn & Crutcher (Legal)

Target

Dresser-Rand

Houston, Texas, United States
Dresser-Rand office in Houston, Texas.
Dresser-Rand office in Houston, Texas.
Dresser-Rand is a supplier of infrastructure equipment, including compressors, turbines and engines, as well as related after-market parts and services, to the global energy industry. Dresser-Rand is based in Houston, Texas.

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Buyer(S) 1

Buyer

Siemens

Munich, Germany

Category Company
Founded 1847
Sector Diversified
Employees320,000
Revenue 75.9B EUR (2024)
DESCRIPTION
Siemens office building in St. Louis, Missouri.
Siemens office building in St. Louis, Missouri.

Siemens is a global engineering and electronics conglomerate company headquartered in Munich. Siemens serves a variety of customers and is organized in in four main divisions: Industry, Energy, Healthcare, and Infrastructure & Cities. Siemens was founded in 1847 and is based in Munich, Germany.


DEAL STATS #
Overall 29 of 53
Sector: Energy Services and Equipment M&A 3 of 3
Type: Add-on Acquisition M&A Deals 23 of 46
State: Texas M&A 4 of 5
Country: United States M&A 14 of 25
Year: 2015 M&A 2 of 3
Size (of disclosed) 2 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-05 Siemens Digital Logistics

Frankenthal, Germany

Siemens Digital Logistics stands for innovative IT logistics solutions. As a reliable strategic business partner and cloud computing supplier Siemens Digital Logistics addresses companies which make high demands on their logistics IT, especially regarding data security, quality and reliability. Siemens Digital Logistics was founded in 1999 and is based in Frankenthal, Germany.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-02 Zenco Systems

Rugby, United Kingdom

Zenco Systems Ltd. is a provider of digital traffic and parking enforcement systems.

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