BrandSafway acquires National Coating & Lining Co.
KENNESAW, Ga. — BrandSafway has signed an agreement to acquire the National Coating & Lining Co., a privately owned business specializing in the restoration and protection of concrete and ferrous metals for the water and wastewater industry throughout the western U.S. “Bringing National Coating & Lining’s highly specialized knowledge in surface preparation, concrete repair, coatings […]
USA DeBusk acquires Kixmon Solutions
DEER PARK, Texas — USA DeBusk recently acquired Kixmon Solutions, a specialty chemical cleaning and unit decontamination company focused on providing its specialized, proprietary chemistry and elite planning and processes to the refinery and petrochemical industry. Kixmon Solutions will join USA DeBusk’s existing team of chemical cleaning experts. This addition allows USA DeBusk to offer […]
Tall Oak Midstream II acquires Redcliff Midstream
DALLAS — Tall Oak Midstream II has acquired Redcliff Midstream, a provider of gas gathering, treating and processing services to producers in Oklahoma’s STACK play. The financial terms of the transaction were not disclosed. Redcliff Midstream provides gas gathering, treating and processing services throughout the northern region of the STACK play. The company’s infrastructure system […]
EMCOR Industrial Services adds Ardent and Rabalais Constructors
LEAGUE CITY, Texas — Two industrial instrumentation and electrical specialists, Ardent and Rabalais Constructors, are now part of EMCOR Industrial Services (EIS). With the addition of these two companies, EIS clients benefit from improved synergies through the deployment of expanded services expertise. EIS’ offerings provide increased value through the delivery of an expanded and optimal […]
DuPont to acquire Laird Performance Materials
WILMINGTON, Del. — DuPont has entered into a definitive agreement with Advent International to acquire Laird Performance Materials for $2.3 billion, which will be paid from existing cash balances. The transaction is expected to close in the third quarter of 2021, subject to regulatory approvals and other customary closing conditions. Laird Performance Materials has a […]
PPG completes acquisition of coatings manufacturer VersaFlex
PITTSBURGH — PPG has completed its acquisition of VersaFlex from DalFort Capital Partners. VersaFlex specializes in polyurea, epoxy and polyurethane coatings for water and wastewater infrastructure, flooring, transportation infrastructure and industrial applications. Financial terms were not disclosed. VersaFlex is an aggregation of four U.S.- based protective coatings companies, consisting of legacy VersaFlex, Raven Lining Systems, […]
Energy Transfer to acquire Enable Midstream
DALLAS and OKLAHOMA CITY — Energy Transfer LP and Enable Midstream Partners LP have entered into a definitive merger agreement whereby Energy Transfer will acquire Enable in an all-equity transaction valued at approximately $7.2 billion. Energy Transfer’s acquisition of Enable will increase its footprint across multiple regions and provide increased connectivity for Energy Transfer’s natural […]
Chevron to acquire Noble Midstream Partners
SAN RAMON, Calif. — Chevron Corp. and Noble Midstream Partners have entered into a definitive agreement for Chevron to acquire all of the publicly held common units representing the limited partner interests in Noble Midstream, not already owned by Chevron and its affiliates, in an allstock transaction whereby each outstanding unitholder of Noble Midstream would […]
Cabot Oil & Gas, Cimarex to create $17 bln producer in ‘surprise’ merger
Cabot Oil & Gas Corp and Cimarex Energy Co agreed to merge to form a U.S. oil and gas producer with an enterprise value of about $17 billion, the latest deal in a sector rebounding from one of its worst downturns, reported Reuters. Cimarex shares tumbled 8% to $65.49, while Cabot’s stock fell 7.3% to $16.51, […]
Contango Oil & Gas to merge with Independence Energy
Contango Oil & Gas Co. will merge with Independence Energy, LLC, an upstream oil and gas business built and managed by KKR’s Energy Real Assets team. The combined company, which will be headquartered in Houston operating under a new name and under a new ticker symbol, is expected to have an initial equity market capitalization of approximately $4.8 […]
