5 Acquisitions of Companies in the Industrial Engineering Industry

January 15, 2023
Acquisitions Hub

Company acquisitions in the Industrial Engineering industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 5 acquisitions that took place in the Industrial Engineering industry.

Discovery Downhole Services acquired by Cathedral Energy Services

Details about the transaction:

Acquisition amount:

$16,333,582

Announcement:

11 February 2022

Details about the company:

Tools, equipment, and services for drilling applications in the oil and gas sectors are offered by Discovery Downhole Services.

Headquarter:

Casper, Wyoming, United States

Where to find them:

Industry:

Energy, Industrial Automation, Industrial Engineering, Oil and Gas

Details about the buyer:

Oil and gas businesses may get directional drilling services from Cathedral Energy Services.

Headquarter:

Calgary, Alberta, Canada

Where to find them:

NanoAvionics acquired by Kongsberg Defence & Aerospace

Details about the transaction:

Acquisition amount:

$66,668,992

Announcement:

5 July 2022

Details about the company:

There are now five offices for NanoAvionics, a smallsat bus maker and mission integrator, in the US, the UK, and LT.

Headquarter:

Columbia, Illinois, United States

Where to find them:

Industry:

Aerospace, Communication Hardware, Consumer Electronics, Electronics, Hardware, Industrial Engineering, Internet of Things, Manufacturing, Satellite Communication

Details about the buyer:

A leading provider of systems and solutions for the defense and aerospace industries is Kongsberg Defence & Aerospace.

Headquarter:

Kongsberg, Buskerud, Norway

Where to find them:

Air Affairs Australia acquired by QinetiQ

Details about the transaction:

Acquisition amount:

$34,467,218

Announcement:

3 October 2022

Details about the company:

Specialized airborne services are offered by the aviation operation and engineering-based firm Air Affairs Australia.

Headquarter:

Sydney, New South Wales, Australia

Where to find them:

Industry:

Aerospace, Industrial Engineering, Technical Support

Details about the buyer:

International technology-based services and solutions for the defense, security, and associated areas are offered by QinetiQ.

Headquarter:

Cardigan, Ceredigion, United Kingdom

Where to find them:

P2ML acquired by Mitie

Details about the transaction:

Acquisition amount:

$2,753,918

Announcement:

1 April 2022

Details about the company:

P2ML offers the telecoms sector a wide variety of engineering services.

Headquarter:

Glasgow, Glasgow City, United Kingdom

Where to find them:

Industry:

Civil Engineering, Industrial Engineering

Details about the buyer:

Facilities, property, and energy management are services offered by Mitie, a strategic outsourcing corporation, to both public and private sector companies.

Headquarter:

Bristol, Bristol, City of, United Kingdom

Where to find them:

Peute Group acquired by SCG Packaging

Details about the transaction:

Acquisition amount:

$79,343,335

Announcement:

18 July 2022

Details about the company:

The Peute Group is a stand-alone recycler with a focus on paper and plastic processing.

Headquarter:

Dordrecht, Zuid-Holland, The Netherlands

Where to find them:

Industry:

Industrial Engineering, Manufacturing, Recycling

Details about the buyer:

A business in the industrial sector, SCG Packaging specializes in providing packaging services and products.

Headquarter:

Bangkok, Krung Thep, Thailand

Where to find them: