Add-on Acquisition • Construction

Technip Group SA Acquires Global Industries

On September 12, 2011, Technip Group SA acquired construction company Global Industries for 1.1B USD

Acquisition Context

This is Technip Group SA’s 1st transaction in the Construction sector.
This is Technip Group SA’s largest (disclosed) transaction.
This is Technip Group SA’s 1st transaction in the United States.
This is Technip Group SA’s 1st transaction in Louisiana.

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M&A Deal Summary
Date	September 12, 2011
Target	Global Industries
Sector	Construction
Buyer(s)	Technip Group SA
Deal Type	Add-on Acquisition
Deal Value	1.1B USD
Advisor(s)	Simmons & Company (Financial)

Target Company

Global Industries

Carlyss, Louisiana, United States

Global is a provider of offshore construction, engineering, project management and support services, including pipeline construction, platform installation and removal, deepwater/SURF installations, IRM, and diving to the oil and gas industry worldwide. Global has 14 offshore construction vessels, including two newly built, leading-edge pipelay vessels.

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Buyer Overview 1

Buyer

Technip Group SA

Paris, France

Category	Company
Founded	1958
Sector	Engineering
Employees	31,747
Revenue	10.3B EUR (2015)

DESCRIPTION

Technip is a a French provider of project management, engineering and construction services for the energy industry. Technip was formed in 1958 and is based in Paris.

Deal Context for Buyer	#
Overall	3 of 7
Sector: Construction	1 of 1
Type: Add-on Acquisition	3 of 5
State: Louisiana	1 of 2
Country: United States	1 of 2
Year: 2011	2 of 2
Size (of disclosed)	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2011-01-28	Subocean Group Aberdeen, United Kingdom Subocean is in the business of underwater cable-laying for offshore wind.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2011-01-28

Subocean Group

Aberdeen, United Kingdom

Subocean is in the business of underwater cable-laying for offshore wind.

Buy

FOLLOWING DEAL

DATE	TARGET	DEAL TYPE	VALUE
2012-08-31	Stone & Webster Process Technology Baton Rouge, Louisiana, United States Stone & Webster process technologies and associated oil and gas engineering capabilities acquisition.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2012-08-31

Stone & Webster Process Technology

Baton Rouge, Louisiana, United States

Stone & Webster process technologies and associated oil and gas engineering capabilities acquisition.

Buy

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