Blue Water Energy Acquires Pipeline Technique Limited
May 23, 2019
London-based private equity firm Blue Water Energy has acquired Pipeline Technique Limited (PTL), a Huntly, Scotland-headquartered provider of pipeline welding, field joint coating and spoolbase services, from Heerema Marine Contractors. Blue Water said it will invest capital to support PTL’s future growth and independence as a specialist pipeline welding and coating services provider to the energy industry.
- Buyers
- Blue Water Energy
- Targets
- Pipeline Technique Limited
- Sellers
- Heerema Marine Contractors
- Industry
- Energy
- Location
- Scotland, United Kingdom
- Transaction Type
- Buyout
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