Enerflow Industries Inc. has been acquired by National Oilwell Varco
National Oilwell Varco has acquired Enerflow Industries Inc. for an undisclosed consideration.
Enerflow Industries is a technology powerhouse at the forefront of hydraulic fracturing. The company engineers and manufactures custom oilfield service equipment. Seeking a reduction in personal estate risks and the need to provide additional growth capital to meet demand, Enerflow Industries sought a strategic partner.
National Oilwell Varco is a 14-billion-dollar, worldwide leading provider of major mechanical components for land and offshore drilling rigs and related tools and equipment.
Oaklins' team in Dallas advised Enerflow's shareholders in connection with this transaction, initiating it and assisting in its closing, solving complex issues regarding price, working capital, personal goals and taxes.
Contacter l'équipe de la transaction
Bryan Livingston
Oaklins Capital Alliance
Transactions connexes
E.Gruppe, a GIMV portfolio company, has acquired LET Gruppe from GFEP Family Equity
LET Gruppe, a leading German provider of customized electrical infrastructure and energy system solutions, is set to become part of E.GRUPPE, a fast-growing industrial platform backed by European investment firm GIMV. The parties have signed a definitive agreement under which E.GRUPPE will acquire 100% of the shares in LET Gruppe from GFEP Family Equity, which has supported the company’s growth and strategic development in recent years. The transaction is subject to regulatory approvals.
En apprendre plusCrux Agribotics has been acquired by VDL
Crux Agribotics, a Dutch AgTech innovator with a 40-year heritage in computer vision, robotics, software development and high-tech engineering, has been acquired by VDL Groep, an international industrial family business. Through the acquisition of Crux Agribotics, VDL Groep further strengthens its position in foodtech, one of the growth markets for this family-owned industrial company.
En apprendre plusItalgas S.p.A. has finalized a rights issue
Italgas S.p.A. has successfully finalized a rights issue, with the capital increase implemented to finance its acquisition of 2i Rete Gas.
En apprendre plus