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M&A Deal Summary

Sulzer Acquires Cana-Tex

On May 11, 2005, Sulzer acquired engineering company Cana-Tex

Acquisition Highlights
  • This is Sulzer’s 1st transaction in the Engineering sector.
  • This is Sulzer’s 1st transaction in the United States.
  • This is Sulzer’s 1st transaction in Texas.

M&A Deal Summary
Date 2005-05-11
Target Cana-Tex
Sector Engineering
Buyer(s) Sulzer
Deal Type Add-on Acquisition

Target

Cana-Tex

Houston, Texas, United States
Cana-Tex is a renowned specialist in tower field services with more than 30 years of experience.

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Buyer(S) 1

Buyer

Sulzer

Winterthur, Switzerland
Category Company
Founded 1834
Sector Energy Services and Equipment
Employees13,455
Revenue 3.5B CHF (2024)
DESCRIPTION

Sulzer specializes in pumping solutions and rotating equipment maintenance and services as well as separation, reaction, and mixing technology. Sulzer serves clients worldwide through a network of more than 150 production and service sites and has a strong footprint in emerging markets. Sulzer was founded in 1834 and is based in Winterthur, Switzerland.

DEAL STATS #
Overall 1 of 26
Sector: Engineering M&A 1 of 4
Type: Add-on Acquisition M&A Deals 1 of 20
State: Texas M&A 1 of 3
Country: United States M&A 1 of 7
Year: 2005 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-08-22 Werfo

Hague, Swaziland

Werfo Ltd. engages in the development, and manufacture of injection moulding tools and plastic products.

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