Chart Industries completes the acquisition of VRV
Chart Industries announced that it completed the acquisition of VRV and its subsidiaries. VRV is a diversified multinational corporation with highly automated, …
M&A
Versalis Petrochem Mazrui, a joint venture for chemicals in the O&G industry in the Middle East
Versalis, the Eni chemical company, Petrochem (a Mazrui Energy Services Company), a leading manufacturer of drilling fluids, and Mazrui Energy Services (a …
Magnatech Group announces new name and becomes a provider of fully integrated welding solutions
Magnatech Group signed an agreement with ITW to take care of the global sales and marketing activities of PWT Italy. As a result, the company can now offer a …
Metso closes its acquisition of India based Rotex Manufacturers and Engineers Pvt. Ltd.
Metso has today successfully completed its acquisition of the valve automation division of India based Rotex Manufacturers and Engineers Private Limited …
McDermott announces plan to divest storage tank business and U.S. pipe fabrication business
McDermott International yesterday announced it has completed a comprehensive strategic review of its portfolio as part of the integration process resulting …
Shell agrees to sell upstream interests in Denmark to Noreco for $1.9 billion
Royal Dutch Shell plc (Shell), through its affiliate Shell Overseas Holdings Limited, has reached an agreement with publicly listed Norwegian Energy Company …
The Carlyle Group acquires EnerMech
EnerMech Group Ltd has been acquired from Lime Rock Partners by global alternative asset manager The Carlyle Group for an undisclosed sum. The transaction is …
Asahi/America buys pipe, valve maker Performance Plastics
Thermoplastic valve and pipe manufacturer Asahi/America, Inc. has acquired Performance Plastics Inc., to expand fabrication capabilities and capacity along …
Aurelius acquires VAG, leading manufacturer of water and waste water valves
Aurelius Equity Opportunities SE & Co. KG will acquire VAG, the Mannheim-based manufacturer of water and waste water valves from U.S.-based Rexnord. With …
Baker Hughes acquires 5 pct of ADNOC Drilling for $550 million
Baker Hughes, the world’s second-largest oil services company, will take a 5 percent stake in Abu Dhabi National Oil Company’s (ADNOC) drilling unit for …