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New Deal


Announced

Completed

Centurion Group completed the acquisition of RMEC.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Oil Equipment and Services

oil and gas services

Single Bidder

Completed

Acquisition

Majority

Private

United Kingdom

Friendly

Domestic

Synopsis

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Centurion Group, a provider of supply of rentals and services to critical industries, completed the acquisition of RMEC, an integrated rentals, sales and service company delivering innovative solutions to the well services and energy sectors. Financial terms were not disclosed. “We are delighted to have RMEC join the Centurion family. Their reputation for delivering some of the safest and most efficient well services on the market aligns closely with our strategy and values, and as part of the group, they will add tremendous value to our growing global customer base," Fernando Assing, Centurion CEO.

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