M&A Deal Summary |
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Date | 2016-06-23 |
Target | Weir American Hydro |
Sector | Energy Services and Equipment |
Buyer(s) | Wärtsilä |
Sellers(s) | The Weir Group |
Deal Type | Divestiture |
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Wärtsilä is a provider of smart technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation, total efficiency, and data analytics, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. Wärtsilä was originally established in 1834 and is based in Helsinki, Finland.
DEAL STATS | # |
---|---|
Overall | 26 of 34 |
Sector (Energy Services and Equipment) | 4 of 4 |
Type (Divestiture) | 4 of 4 |
State (Pennsylvania) | 1 of 1 |
Country (United States) | 2 of 4 |
Year (2016) | 1 of 2 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2014-12-16 |
L-3 Marine Systems International
Germany L-3 Marine Systems International (L-3 MSI) is a sector within L-3’s Electronic Systems business segment. L-3 MSI is a turnkey supplier of complete electrical systems, as well as integrated navigation, automation, communications, energy distribution and propulsion systems for all types of ships. L-3 MSI has 1,700 employees in 38 locations and 14 countries. |
Buy | €285M |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2016-06-30 |
Eniram Oy
Helsinki, Finland Eniram Oy is a Finland-based technology company providing the marine industry with energy management and analytics solutions. Eniram provides the maritime industry with energy management technology to reduce fuel consumption and emissions. Eniram’s solutions range from single onboard applications for trim, speed and engine optimisation to comprehensive fleet analysis. |
Buy | €43M |
Category | Company |
---|---|
Founded | 1871 |
Sector | Engineering |
Employees | 12,391 |
Revenue | 2.6B GBP (2023) |
The Weir Group is a global engineering solution provider, we focus on designing, manufacturing and supplying innovative products and expert engineering services for the minerals, oil & gas, and power & industrial markets. The Weir Group was founded in 1871 and is based in Glasgow, United Kingdom.
DEAL STATS | # |
---|---|
Overall | 3 of 5 |
Sector (Energy Services and Equipment) | 2 of 3 |
Type (Divestiture) | 3 of 5 |
State (Pennsylvania) | 1 of 1 |
Country (United States) | 1 of 2 |
Year (2016) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2015-07-08 |
Delta Industrial Valves
Niles, Michigan, United States Delta Industrial Valves, Inc. is a manufacturer of severe service knife gate valves for the oil sands, mining and industrial markets. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2017-06-11 |
KOP Surface Products Pte
Singapore, Singapore KOP Surface Products Pte Ltd. is a provider of wellheads, surface trees, valves, actuators and aftermarket services for the oil and gas industry. KOP Surface Products Pte Ltd. is based in Singapore. |
Buy | $114M |