M&A Deal Summary

VME Acquires Cortex Process Equipment

On September 20, 2021, VME acquired oil/gas exploration company Cortex Process Equipment

Acquisition Highlights
  • This is VME’s 1st transaction in the Oil/Gas Exploration sector.
  • This is VME’s 1st transaction in the United States.
  • This is VME’s 1st transaction in Colorado.

M&A Deal Summary
Date 2021-09-20
Target Cortex Process Equipment
Sector Oil/Gas Exploration
Buyer(s) VME
Deal Type Add-on Acquisition

Target

Cortex Process Equipment

Montrose, Colorado, United States
Cortex Process Equipment specializes in providing field services, project management., engineering, and surface equipment. Cortex Process Equipment was formed in 2017 and is based in Montrose, Colorado.

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Buyer(S) 1

Buyer

VME

Tyler, Texas, United States
Category Company
Founded 1985
Sector Oil/Gas Exploration
DESCRIPTION

VME is a provider of the right fabrication and engineering solutions with worldwide experts. Their services include FEED and detail engineering, module fabrication and Integration, technical services and aftermarket parts, and field service. VME was formed in 1985 and is based in Tyler, Texas.

DEAL STATS #
Overall 1 of 1
Sector (Oil/Gas Exploration) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Colorado) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
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