CB&I has completed its acquisition of the Lummus Global business from ABB. Philip Asherman, president and CEO said, ‘This acquisition brings world-class process technology and a complementary EPC business, broadening our capabilities and our geographic base. The addition of 3,000 experienced employees gives us a strategic advantage in responding to the growing demand for energy infrastructure around the globe.’
Rockwell Automation has entered into a definitive agreement to acquire process control, production optimization and environmental compliance specialist Pavilion Technologies. Terms of the transaction were not disclosed. Pavilion’s management and employees will become part of Rockwell Automation’s Architecture & Software segment and Pavilion’s software products will integrate Rockwell’s Automation FactoryTalk line of business. Rockwell VP Steven Eisenbrown said, ‘Combining Pavilion Technologies’ predictive modeling capabilities with our Integrated Architecture will create a more agile, efficient and consistent production environment.’
RPS Group has acquired The Scotia Group Inc. which has become part of the RPS Group’s Energy Division. Scotia will now trade as RPS-Scotia. The combined group operates worldwide from regional offices in the USA, Canada, Europe, SE Asia and Australia. The deal enhances RPS’ offering in North America will also provide access to key markets in Central and South America.
Core Laboratories has acquired Temco Inc. a manufacturer of core analysis testing equipment. Paul Brauer, former President and owner of Temco, is now general manager of Core Lab’s Instruments Division.
Schlumberger has offered to acquire all outstanding shares in Eastern Echo Holding Plc., at a price in the range of 11-12 NOK per share. The offer values Eastern Echo at approximately NOK 3,672 million. Eastern Echo has six high-performance 3D seismic vessels under construction and holds options for two more. Schlumberger CEO Andrew Gould said, ‘This potential acquisition further boosts our plans to meet continuing substantial demand for market-leading WesternGeco Q-Marine seismic technology.’
SARS Corp. is to acquire Andronics Ltd., a provider of ‘two-way data solutions’ for monitoring remote assets. Andronics’ UtilityEye monitors remote LPG tanks, both above and below ground, identifies fuel levels and sends alarms and other data via satellite. Andronics’ ‘Leocate’ uses GPRS cell phone technology to track and monitor vehicle movement and fleet utilization.
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