Tag: Merger

VanAire, Incorporated recently announced that Tony Lambert and Eric Miller have been added as owners of the Michigan-based manufacturing company.

Sunoco Logistics has announced a nearly USD $20 billion merger with Energy Transfer Partners (ETP). The deal is the latest in a string of multibillion dollar mergers in the midstream energy storage and pipeline sector.

General Electric (GE) has entered into an agreement to combine its oil and gas business with Baker Hughes to create a USD $32 B company with operations in over 120 countries.

Johnson Controls, which manufactures a variety of control valve and actuator combinations, has completed its merger with Tyco, which manufactures valves for numerous fire safety applications, expanding the industrial company's breadth in a corporate inversion deal that has been valued at more than USD 14 billion.

Shareholders have approved the USD $14 billion merger between Johnson Controls Inc. (JCI), a global technology and industrial company, and Tyco International PLC (TYC), a company which develops practical, integrated fire protection and security solutions for increasingly complex environments.

Wisconsin-based energy and operations efficiency company, Johnson Controls, and Tyco International, which offers safety solutions to various industries, including the oil and gas industry, recently announced the Senior Executive Team that will lead the combined company following the close of their planned merger, which is expected on or around Oct.

FMC Technologies Inc. of Houston, Texas, US, and Technip, of Paris, France, will combine to form TechnipFMC, in a move the two companies said will create a “comprehensive and flexible offering across each market from concept to project delivery and beyond.

Schlumberger Limited recently announced that it has closed its merger with Cameron International Corporation. The transaction combines two complementary technology portfolios into a complete products and services offering to the global oil and gas industry.

Washington-based Fairmont Supply Co., a full-line industrial valve, pipe and fittings distributor, merged with Fairmont Supply Oil and Gas, LLC, effective Jan. 1. The merger further positions the company as a single source supplier, by providing maintenance, repair and operations products.

American multinational chemical corporation, Dow Chemical Co. is in late-stage talks to merge with DuPont Co., which provided solutions in the chemical industry, including valve solutions. This would mark one of the largest deals in the chemical industry to date.