Weatherford Mergers and Acquisitions Summary

Energy Services And EquipmentCompany

Weatherford has acquired 14 companies. A total of 5 acquisitions came from private equity firms. It has also divested 4 assets.

It’s largest disclosed sale occurred in 2014, when it sold Weatherford - Pipeline & Specialty Services Business to Baker Hughes Company for $250M. Weatherford has acquired in 5 different US states, and 3 countries. The Company’s most targeted sectors include energy services and equipment (42%) and business services (17%).

Join Mergr and gain access to Weatherford’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the energy services and equipment sector.

M&A Summary

  • M&A Total Activity16
    • M&A Buy Activity12
    • M&A Sell Activity4
  • Total Sectors Invested 7
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 8

Weatherford

Weatherford International Ltd.

2000 St. James Place Suite 600,
Houston, Texas 77056
United States,
(713) 836-4000
www.weatherford.com

Weatherford is a diversified international energy service and manufacturing company that provides a variety of services and equipment to the exploration, production and transmission sectors of the oil and gas industry. The Company operates in virtually every oil and gas exploration and production region in the world and divides its business into two separate segments: Drilling Services and Production Systems. Weatherford was formed in 1972 and is based in Houston, Texas.


M&A Summary

Buy vs Sell

Year ≤ '16 '17 '18 '19 '20 '21 T
Buy (0.0/yr) # 12 - - - - - 12
Sell (0.4/yr) # 2 - 2 - - - 4
vol $250M $255M $505M
  16

Most Recent M&A

Company Date Value Type
Weatherford International Ltd - Surface Data Logging Business 2018-12-17 50M USD Divestiture
Baar, Switzerland
Stratum Reservoir 2018-10-22 205M USD Divestiture
Houston, Texas · www.stratumreservoir.com
Weatherford - Pipeline & Specialty Services Business (P&SS) 2014-09-02 250M USD Divestiture
Houston, Texas
Petrowell Ltd. 2012-06-25 - Add-on Acquisition
Aberdeen, United Kingdom · www.petrowell.co.uk
P Chem, Inc. 2012-06-01 - Add-on Acquisition
Houston, Texas · www.pcheminc.com
Hasco Manufacturing Co., Inc. 2011-11-02 - Add-on Acquisition
Sapulpa, Oklahoma · www.hascomfg.com
CygNet Software, Inc. 2011-05-19 - Add-on Acquisition
San Luis Obispo, California · www.cygnet.com
OilTracers LLC 2010-03-03 - Add-on Acquisition
Dallas, Texas · www.oiltracers.com
International Logging, Inc. 2008-08-18 - Add-on Acquisition
Houston, Texas · www.inter-log.com
V-Tech AS 2008-02-28 - Add-on Acquisition
Kristiansand, Norway
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Energy Services and Equipment 5 (42%) - 3 (75%) 505M (100%)
Business Services 2 (17%) - - -
Chemicals 1 (8%) - - -
Internet Software and Services 1 (8%) - - -
Manufacturing 1 (8%) - - -
Oil/Gas Exploration 1 (8%) - - -
Software 1 (8%) - - -
Machinery - - 1 (25%) -
Total 12 - 4 $505M

By Geo

State/Country Buy Value Sell Value
United States 9 - 2 455M
  Texas 5 - 2 455M
  Washington 1 - - -
  Oklahoma 1 - - -
  Louisiana 1 - - -
  California 1 - - -
Norway 2 - - -
Canada - - 1 -
  Ontario - - 1 -
Switzerland - - 1 50M
United Kingdom 1 - - -
Domestic 9 (75%) - 2 (50%) 455M (90%)
Cross-border 3 (25%) - 2 (50%) 50M (10%)
Total 12 - 4 $505M

Deal Values

sell # Total
$100M to $1B 2 $455M
< $100M 1 $50M
TOTAL $505M
Largest Weatherford - Pipeline & Specialty Services Business (P&SS)
$250M (2014-09-02)

M&A Connections

Deals
Acquired from
Investor(s)
25%
3 (25%)
Divested to
Strategic(s)
75%
3 (75%)

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