M&A Deal Summary

WS Atkins Acquires Pöyry s Oil & Gas Business

On June 6, 2011, WS Atkins acquired energy services and equipment company Pöyry s Oil & Gas Business from Pöyry for 17M EUR

Acquisition Highlights
  • This is WS Atkins’ 1st transaction in the Energy Services and Equipment sector.
  • This is WS Atkins’ 5th largest (disclosed) transaction.
  • This is WS Atkins’ 2nd transaction in the United States.

M&A Deal Summary

Date 2011-06-06
Target Pöyry s Oil & Gas Business
Sector Energy Services and Equipment
Buyer(s) WS Atkins
Sellers(s) Pöyry
Deal Type Divestiture
Deal Value 17M EUR

Target

Pöyry s Oil & Gas Business

United States
Pöyry's Oil & Gas Business is a provider of complete multi-discipline design service for all types of offshore developments.

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Buyer(S) 1

Buyer

WS Atkins

Epsom,, United Kingdom

Category Company
Founded 1938
Sector Business Services
Employees17,898
Revenue 1.8B GBP (2014)
DESCRIPTION

WS Atkins plc is engaged in design, engineering, and project management consultancies, employing some 18,300 people across the UK, North America, Middle East, Asia Pacific, and Europe.


DEAL STATS #
Overall 11 of 15
Sector (Energy Services and Equipment) 1 of 2
Type (Divestiture) 1 of 2
Country (United States) 2 of 5
Year (2011) 2 of 2
Size (of disclosed) 5 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-03-14 Technical Services Scotland

United Kingdom

Technical Services Scotland team brings expertise in electrical and process engineering, control and instrumentation, metallurgy and site-based testing and diagnostics for power generation facilities.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-10-05 WS Atkins UK Asset Management Business

United Kingdom

WS Atkins UK Asset Management Business, provides property management services which have operated alongside Atkins’ core businesses of engineering design consultancy.

Sell £5M

Seller(S) 1

SELLER

Pöyry

Vantaa, Finland

Category Company
Founded 1958
Sector Engineering
Revenue 575M EUR (2015)
DESCRIPTION

Pöyry is an international consulting and engineering company. Pöyry provides services across the full project lifecycle, solving complex challenges faced by the world’s toughest industries. Pöyry was founded in 1958 and is based in Vantaa, Finland.


DEAL STATS #
Overall 1 of 2
Sector (Energy Services and Equipment) 1 of 1
Type (Divestiture) 1 of 2
Country (United States) 1 of 1
Year (2011) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-06-27 Evata Worldwide Oy

Helsinki,, Finland

Evata Worldwide Oy operates as an architectural design and consulting company.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-28 Naldéo

Lyon cedex, France

Naldéo is a french engineering and design office company specialised in the environment especially in water, waste and energy markets. It has 11 locations in France and more than 200 employees.

Sell -