Vetco Gray - Ownership and Business Overview

Oil/gas ExplorationCompany

Vetco Gray Ownership

Who owns Vetco Gray?

Vetco Gray is owned by General Electric Company. It was acquired on February 23, 2007.

Was Vetco Gray formerly PE-backed?

Yes. Vetco Gray was formerly owned by 5 private investors.

Vetco Gray Business Overview

Where is Vetco Gray headquartered?

Vetco Gray is headquartered in London, United Kingdom.

How many employees does Vetco Gray have?

Vetco Gray has 5,000 employees.

What sector is Vetco Gray in?

Vetco Gray is an oil/gas exploration company.

Oil/gas Exploration M&A Summary in 2007

Out of 60 sectors in the Mergr database, oil/gas exploration ranked 23 in number of deals in 2007. The largest oil/gas exploration acquisition in 2007 was GlobalSantaFe - which was acquired by Transocean for $17.0B.

Join Mergr to view all 92 acquisitions of oil/gas exploration companies in 2007, including 46 acquisitions by private equity firms, and 46 by strategics.

Vetco Gray

90 Long Acre,
London, WC2E 9RA
United Kingdom,
44 20 7845 8800
www.vetco.com

Vetco Gray is a supplier of drilling, completion and production equipment for on- and offshore oil and gas fields, including subsea applications. The business employs 5,000 people in more than 30 countries, with key centers in Houston (USA), Aberdeen (UK), Stavanger (N), Oslo (N) and Singapore. Major products include flow control valves, control systems, wellheads, manifolds, risers and associated after-market services.


Company Summary

SECTOR

Oil/Gas Exploration

Revenue

1,600   2006
(millions of USD)

Employees

5,000

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Oil/Gas Exploration Companies , United Kingdom Companies

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