M&A Deal Summary

Technip Group SA Acquires Stone & Webster Process Technology

On August 31, 2012, Technip Group SA acquired engineering company Stone & Webster Process Technology from The Shaw Group

Acquisition Highlights
  • This is Technip Group SA’s 2nd transaction in the Engineering sector.
  • This is Technip Group SA’s 2nd transaction in the United States.
  • This is Technip Group SA’s 2nd transaction in Louisiana.

M&A Deal Summary
Date 2012-08-31
Target Stone & Webster Process Technology
Sector Engineering
Buyer(s) Technip Group SA
Sellers(s) The Shaw Group
Deal Type Divestiture

Target

Stone & Webster Process Technology

Baton Rouge, Louisiana, United States
Stone & Webster process technologies and associated oil and gas engineering capabilities acquisition.

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Buyer(S) 1

Buyer

Technip Group SA

Paris, France
Category Company
Founded 1958
Sector Engineering
Employees31,747
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 STATS #
Overall 4 of 7
Sector (Engineering) 2 of 2
Type (Divestiture) 1 of 2
State (Louisiana) 2 of 2
Country (United States) 2 of 2
Year (2012) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-09-12 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.

Buy $1.1B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-03-13 Ingenium AS

Oslo, Norway

Ingenium AS designs and develops mechanical and electro-hydraulic tools and equipment, for the offshore oil and gas industry, and provides engineering services for marine operations, such as the installation of pipes and cables.

Buy -

Seller(S) 1

SELLER

The Shaw Group

Baton Rouge, Louisiana, United States
Category Company
Founded 1986
Sector Engineering
DESCRIPTION

The Shaw Group, Inc. is a engineering and construction company focused on the energy industry.

DEAL STATS #
Overall 2 of 2
Sector (Engineering) 1 of 1
Type (Divestiture) 2 of 2
State (Louisiana) 1 of 1
Country (United States) 2 of 2
Year (2012) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-01 Shaw Group - Energy Delivery Services

Charlotte, North Carolina, United States

EDS, a division of Shaw's Power Group, is a provider of engineering, design, procurement and construction management services for T&D power lines and substations.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-31 KP Shaw

Tyler, Texas, United States

KP Shaw provides value-based engineering, procurement, and project management solutions to the refining, specialty chemical, and renewable industries at a price that enables our customers to achieve their safety, economic, environmental, and performance objectives. KP Shaw was founded in 2004 and is based in Tyler, Texas.

Buy -
Mergr

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