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New Deal


Announced

OEG Energy Group to acquire Bluestream Offshore.

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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Netherlands

topside services

Acquisition

Cross Border

Private

Pending

Friendly

subsea services

Specialty Contracting

Single Bidder

Majority

Synopsis

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OEG Energy Group, an offshore solutions business, agreed to acquire Bluestream Offshore, a specialist in subsea and topside services based in The Netherlands. Financial terms were not disclosed. "We are delighted to welcome Bluestream Offshore to the OEG Group. This value-accretive and strategically complementary acquisition will further strengthen OEG’s service offering and operating footprint in the growing European offshore energy market. This is in line with our strategy to make value enhancing acquisitions to position OEG as the leader in the provision of mission-critical services and solutions supporting the energy transition," John Heiton, OEG CEO.

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