M&A Deal Summary

TAQA Group Acquires DSM Energie Holding B.V.

On July 29, 2009, TAQA Group acquired oil/gas exploration company DSM Energie Holding B.V. from Koninklijke DSM for 285M EUR

Acquisition Highlights
  • This is TAQA Group’s 1st transaction in the Oil/Gas Exploration sector.
  • This is TAQA Group’s largest (disclosed) transaction.
  • This is TAQA Group’s 1st transaction in the Netherlands.

M&A Deal Summary
Date 2009-07-29
Target DSM Energie Holding B.V.
Sector Oil/Gas Exploration
Buyer(s) TAQA Group
Sellers(s) Koninklijke DSM
Deal Type Divestiture
Deal Value 285M EUR

Target

DSM Energie Holding B.V.

Heerlen,, Netherlands
DSM Energie Holding B.V. offers oil and gas exploration and production services.

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Buyer(S) 1

Buyer

TAQA Group

Abu Dhabi, United Arab Emirates
Category Company
Founded 2005
Sector Oil/Gas Exploration
DESCRIPTION

TAQA Group is a diversified utilities and energy group with significant power and water generation, transmission, and distribution assets, as well as upstream and midstream oil and gas operations. TAQA Group was founded in 2005 and is headquartered in Abu Dhabi, UAE.

DEAL STATS #
Overall 2 of 3
Sector (Oil/Gas Exploration) 1 of 2
Type (Divestiture) 1 of 1
Country (Netherlands) 1 of 1
Year (2009) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-01 A2 Independent Water and Power Project

Abu Dhabi, United Arab Emirates

A2 Independent Water and Power Project consisting of CCGT (Combined Cycle Gas Turbine) power units and MSF distiller units, is located in the Taweelah district of the Emirate of Abu Dhabi and produces 710 MW of power and 50 MIGD of water. It has been in commercial operation since 2001, with more than seven accumulated years of safe and stable operations characterized by excellent energy efficiency and environmental performance.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-31 Al Mansoori

Abu Dhabi, United Arab Emirates

Al Mansoori offer all kinds of well intervention solutions, including high rate stimulation, acid fracturing, nitrogen, thru-tubing tools and coiled tubing services. Al Mansoori was founded in 1977 and is based in Abu Dhabi, United Arab Emirates.

Buy -

Seller(S) 1

SELLER

Koninklijke DSM

Heerlen, Netherlands
Category Company
Founded 1902
Sector Life Science
Employees21,760
Revenue 9.2B EUR (2021)
DESCRIPTION

Koninklijke DSM specializes in the development, manufacture and marketing of performance materials, nutritional and pharmaceutical ingredients and industrial chemicals. The products are used in a wide range of end-markets and applications, such as human and animal nutrition and health, personal care, pharmaceuticals, automotive and transport, coatings and paint, housing and electrics & electronics. Koninklijke DSM founded in 1902 and is based in Heerlen, the Netherlands.

DEAL STATS #
Overall 3 of 16
Sector (Oil/Gas Exploration) 1 of 1
Type (Divestiture) 3 of 15
Country (Netherlands) 1 of 10
Year (2009) 1 of 1
Size (of disclosed) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-04-28 The Polymer Technology Group

Berkeley, California, United States

The Polymer Technology Group engages in the research, development, manufacture, and supply of specialty polymers and precursors for medical devices, diagnostics, and healthcare consumer products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-03-30 DSM Agro and DSM Melamine B.V.

Sittard,, Netherlands

DSM Agro is a producer of ammonia and high-nitrogen fertilizers for grasslands and agricultural crops and DSM Agro is a producer of ammonia and high-nitrogen fertilizers for grasslands and agricultural crops.

Sell €310M
Mergr

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