Helmerich & Payne Acquires KCA Deutag for $1.9725 Billion

Helix Energy Solutions Acquires Alliance Group of Companies

May 17, 2022

Energy

Helix Energy Solutions Group completed the acquisition of 100% of the equity interests in the Alliance group of companies, a Louisiana-based offshore shallow-water decommissioning and support-services provider, for $120 million in cash plus potential earnouts. The deal expands Helix's decommissioning and life-of-field maintenance capabilities and increases its presence on the Gulf of Mexico shelf as part of its Energy Transition strategy.

Chart Industries Acquires Howden for $4.4 Billion

November 9, 2022

Manufacturing

Chart Industries has agreed to acquire Howden from affiliates of KPS Capital Partners, LP for $4.4 billion, creating a combined business with estimated pro forma revenue of approximately $3.4 billion. The deal expands Chart's engineered equipment and process-technology portfolio into air and gas handling, strengthens aftermarket service exposure, and targets substantial cost and commercial synergies; the transaction closed on March 17, 2023.

The Shaw Group Acquires KP Engineering (Assets) to Form KP Shaw, LLC

January 31, 2023

Industrial Services

The Shaw Group has acquired all assets and ongoing operations of KP Engineering, creating a new legal entity, KP Shaw, LLC. The acquisition expands Shaw's engineering, procurement and fabrication (EPF) capabilities—particularly for refining, syngas, hydrogen and renewable fuels—by integrating KPE's 19 years of engineering and project execution expertise.

Petronas Chemicals Group Acquires Perstorp from PAI Partners

May 17, 2022

Manufacturing

Petronas Chemicals Group Berhad (PCG) has agreed to acquire Perstorp Holding AB from PAI Partners for EUR 2.3 billion on a cash- and debt-free basis. Perstorp, a Sweden-based specialty chemicals manufacturer with ~1,500 employees and global manufacturing and R&D sites, will extend PCG's geographic footprint and specialty-chemicals capabilities pending regulatory and shareholder approvals.

APA Corporation Acquires Callon Petroleum Company

January 4, 2024

Energy

APA Corporation agreed to acquire Callon Petroleum Company in an all-stock transaction valued at approximately $4.5 billion (including Callon's net debt). The deal combines APA's Midland-focused assets with Callon's Delaware-focused footprint to scale operations in the Permian Basin, is expected to be accretive to key metrics, and targets annual synergies exceeding $150 million.

Earnscliffe Strategies Acquires Kaiser & Partners, Inc.

January 19, 2024

Marketing & Advertising

Earnscliffe Strategies has agreed to acquire Kaiser & Partners, Inc., a full-service public relations firm, establishing K&P as a wholly-owned subsidiary to broaden Earnscliffe’s public relations capabilities and regional footprint. The agreement was signed January 19 and is expected to close April 1, 2024; financial terms were not disclosed.