Hunting PLC Acquires Flexible Engineered Solutions (FES)
June 24, 2025
Hunting PLC has completed the acquisition of Flexible Engineered Solutions (FES), a UK-based supplier of subsea fluid transfer systems, for £50 million on a cash-free / debt-free basis. The deal, which sees FES integrated into Hunting's Subsea Technologies segment, strengthens Hunting's subsea product coverage and is expected to be earnings accretive in the first full year.
- Buyers
- Hunting PLC
- Targets
- Flexible Engineered Solutions (FES)
- Sellers
- Members of FES's management team
- Industry
- Manufacturing
- Location
- Northumberland, United Kingdom
- Transaction Type
- Buyout
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