Tag: acquisition

It has been announced that Jacobs Engineering Group, the provider of technical, professional and construction services, has acquired some assets of MARMAC Field Services, a privately held company that provides engineering and design services to the Western US regions.   With the acquisition, Jacobs will be able to expand geographically by going into more areas in the Western US and increase its capabilities by working more in the utility and gas industries.

It was recently announced that Jacobs, a global provider of technical, professional and constructions services, will acquire an interest in Guimar Engenharia, a privately held engineering and project management company based in Rio de Janeiro, Brazil.   The terms of the deal have yet to be disclosed, but it has been noted that the acquisition is a staged investment and that each stage will be subject to certain closing conditions. This will be Jacobs’ first major investment in Brazil and will enhance its ability to serve key clients investing in the country, thus expanding its South American operations.

Denbury Resources Inc. has announced that it has entered into an agreement to acquire producing property interests in the Cedar Creek Anticline (CCA) of Montana and North Dakota from a wholly-owned subsidiary of ConocoPhillips for $1.05 billion cash.

Curtiss-Wright Corporation has announced that it has acquired the assets of F.W. Gartner Thermal Spraying, Ltd., of Houston, TX.

Curtiss-Wright Corporation announced that it has acquired Cimarron Energy Inc. through the acquisition of its parent company Cimarron Energy Holding Company LLC, for approximately USD 135.1M.

Foster Wheeler AG has acquired Three Streams Engineering, Ltd., a privately held engineering company located in Calgary, Alberta, Canada. “The acquisition of Three Streams is part of our stated strategy to grow the upstream capabilities and the geographic footprint of our Global Engineering and Construction Group,” said Chief Executive Officer of Foster Wheeler AG, Kent Masters.

Honeywell said that its UOP business has signed a definitive agreement to purchase a 70 percent-stake in Tulsa, Oklahoma-based Thomas Russell Co., a privately-held, leading provider of technology and equipment for natural gas processing and treating.

Furmanite Corporation, a large provider of valve services, has acquired certain assets and operations of Crane Energy Flow Solutions' Houston Service Center.

Emerson has acquired ISE Magtech, a company that designs and manufactures level gages and associated equipment for industrial applications. The acquisition will strengthen Emerson Process Management's measurement solutions in the oil and gas, chemical, refining and power generation industries.

Greene’s Energy Group (GEG) has acquired the assets of Houma, LA based Pro-Valve Services, Inc. The acquisition will broaden the after-market production valve services provided by GEG’s Wellhead and Valve division.