M&A Deal Summary

Viridien Acquires Fugro - Geoscience Division

On September 24, 2012, Viridien acquired energy services and equipment company Fugro - Geoscience Division from Fugro for 1.2B EUR

Acquisition Highlights
  • This is Viridien’s 3rd transaction in the Energy Services and Equipment sector.
  • This is Viridien’s largest (disclosed) transaction.
  • This is Viridien’s 1st transaction in the Netherlands.

M&A Deal Summary
Date 2012-09-24
Target Fugro - Geoscience Division
Sector Energy Services and Equipment
Buyer(s) Viridien
Sellers(s) Fugro
Deal Type Divestiture
Deal Value 1.2B EUR

Target

Fugro - Geoscience Division

Netherlands
Fugro - Geoscience Division provides seismic services including seismic acquisition and seismic processing services.

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Buyer(S) 1

Buyer

Viridien

Massy, France
Category Company
Founded 1931
Sector Oil/Gas Exploration
Employees3,500
Revenue 1.1B USD (2023)
DESCRIPTION

Viridien is a fully integrated Geoscience company providing geological, geophysical and reservoir capabilities to its broad base of customers primarily from the global oil and gas industry. Through its three complementary business divisions of Equipment, Acquisition and Geology, Geophysics & Reservoir (GGR), Viridien brings value across all aspects of natural resource exploration and exploitation. Viridien was founded in 1931 and is based in Massy, France.

DEAL STATS #
Overall 4 of 7
Sector (Energy Services and Equipment) 3 of 3
Type (Divestiture) 1 of 2
Country (Netherlands) 1 of 1
Year (2012) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-11-10 Wavefield Inseis AS

Lysaker, Norway

Wavefield is a Norwegian pure-play seismic company which operates a fleet of 8 vessels and develops geophysical equipment based on fiber optic technology.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-01 TerraSpark GeoScience

Westminster, Colorado, United States

A software company founded in 2005, TerraSpark Geosciences leverages its unique blend of upstream industry experience, geoscience expertise, and computer science skills to deliver groundbreaking software solutions for seismic data interpretation, seismic data processing, directional well-path planning, and 3-D visualization.

Buy -

Seller(S) 1

SELLER

Fugro

Leidschendam, Netherlands
Category Company
Founded 1962
Sector Engineering
Employees9,349
Revenue 1.8B EUR (2022)
DESCRIPTION

Fugro is a provider of geotechnical, survey, subsea and geosciences services. The company services are specifically designed to support your engineering design and large structure. Fugro was founded in 1962 and is headquartered in Leidschendam, Netherlands.

DEAL STATS #
Overall 2 of 3
Sector (Energy Services and Equipment) 1 of 1
Type (Divestiture) 2 of 3
Country (Netherlands) 2 of 3
Year (2012) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-02 De Regt Marine Cables BV

Krimpen aan de Lek, Netherlands

De Regt Marine Cables BV is a provider of special marine cables for oil and gas, geophysical and defense market segments.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-03 Roames Asset Services Pty.

Brisbane, Australia

Roames Asset Services Pty. Ltd is specializes in high-resolution mapping services and solutions for the electricity distribution sector.

Buy -
Mergr

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