Robbins & Myers

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Robbins & Myers, Inc.
Typesubsidiary
IndustryIndustrial Value Manufacturing
Headquarters
Productscritical well drilling equipment parts
Websitewww.robn.com

Robbins & Myers, Inc. is a manufacturer of engineered equipment and systems in global energy and industrial markets. There are basically two segments operating in the company, namely Energy Services and Process and Flow Control. In February 2013, National Oilwell Varco, Inc. acquired Robbins & Myers Inc.[1]

Products[]

There are two segments in Robbins & Myers. The company's Energy Services division provides T-3, critical well drilling equipment parts for drilling operations (such as production, pipeline transmission ) of oil and gas.
The company's Process and Flow Control division provides glass-lined reactors and storage vessels, industrial progressing cavity pumps, valve controls and grinders, fluid-agitation equipment.[2]

Operations[]

In August 2012, Robbins & Myers, Inc. and National Oilwell Varco, Inc. agreed that National Oilwell Varco would acquire Robbins & Myers with about $2.5 billion in cash. In February 2013, the acquisition was completed after antitrust clearance.[3][4]

In 2001, the company purchased Romaco N. V. from Brian Fenwick-Smith, the company's founder.[5]

In 2011, the Company sold Romaco Businesses to a group of funds led by Deutsche Beteiligungs AG.[6]

References[]

  1. ^ "Company Description NYSE".
  2. ^ "Description Google Finance".
  3. ^ "Robbins & Myers and National Oilwell Varco Announce Merger Agreement at $60.00 per Share in Cash".
  4. ^ "NOV Takes Over Robbins & Myers".
  5. ^ "Robbins & Myers Completes Romaco Acquisition".
  6. ^ "Robbins & Myers Completes Sale of Romaco Businesses".

External links[]

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