MergerLinks Header Logo

Announced

Completed

ChampionX completed the acquisition of RMSpumptools from James Fisher and Sons for £90m.

Synopsis

ChampionX, a pumps and pumping equipment company, completed the acquisition of RMSpumptools, a company focused on ESP, artificial lift and subsea connector technologies, from James Fisher and Sons, a provider of specialist services to the marine, oil and gas and other global, high assurance industries, for £90m. "The sale of RMS marks a significant step in simplifying our portfolio to further strengthen our financial position and create a platform for sustained recovery. We believe the transaction represents good value for our shareholders, reflecting RMS's strong performance in recent years. The disposal allows James Fisher to continue its strategy of focusing and simplifying the Group, investing in the core portfolio and innovative new technologies that will deliver future growth," Jean Vernet, James Fisher CEO.

Principals

Show Details & Financials

Market Context

Sort

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US