Tag: acquisition

IMI Precision Engineering to acquire Bimba

It has been announced that IMI Prescision Engineering will be acquiring the pneumatic, hydraulic and electric motion solutions manufacturer, Bimba.

ExxonMobil’s LNG acquisition of Mozambique Area 4

It has been announced that ExxonMobil Development Africa B.V. has completed a transaction to acquire 25 percent indirect interest in Mozambique’s gas-rich Area 4 block from Eni and assume responsibility for midstream operations.

VanZandt Controls expands machining capabilities

It has been announced that VanZandt Controls LLC, which is an OFS Energy Fund portfolio company, has acquired the machining assets of Flatland Forge, Inc.

Fluid Handling acquired by CIRCOR

CIRCOR International, Inc. (CIR), the provider of flow control solutions markets like oil & gas, industrial, aerospace & defense, etc.

Emerson completes Paradigm acquisition

Emerson has announced that it has completed the purchase of Paradigm®, a leading provider of software solutions to the oil and gas industry.

FCX Performance announces acquisitions

Ohio-based FCX Performance, a specialty flow control distributor serving OEMs, EPCs and end users across the industrial process, energy and high purity industries, announced that it has acquired Eads Distribution, based in Houston, Texas, and The Massey Company, headquartered in Charlotte, North Carolina.

Metso acquires WEARX

Metso, a world leading industrial company serving the mining, aggregates, recycling, oil, gas, pulp, paper and process industries, with multiple locations throughout the Americas, has closed the acquisition of an Australia-based wear lining solutions provider WEARX.

JA Moody acquires Pima Valve

JA Moody, a distributor of valves and actuators with its headquarters in Malvern, Pennsylvania, has announced that its parent company has completed the acquisition of Pima Valve.

ExxonMobil acquires crude oil terminal

ExxonMobil, whose headquarters are located in Texas, USA, has acquired a crude oil terminal, which is located in the rapidly growing Delaware Basin, part of the Permian Basin.

Emerson acquires Paradigm

Emerson, whose headquarters are located in Missouri, USA, has agreed to acquire Paradigm, a leading provider of software solutions for the oil and gas industry, for a purchase price of USD $510 million.