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    Tag: Mergers and acquisitions

    Gouda Refractories Group acquires Revestimientos Refractarios

    Gouda Refractories Group has acquired Revestimientos Refractarios (RR), based in Madrid. Founded in 1979, RR specialises in the installation of refractory materials, serving customers across a wide range of industries, including petrochemicals, (waste to) energy, cement, and other industrial sectors. It is a trusted partner for the installation of refractory materials, hexmesh, anchoring, engineering, technical assistance, project management, inspections and supervision for shutdowns and turnarounds across the European Union. The company has a long history of cooperation with Gouda Refractories, which has intensified in recent years and which, due to a natural moment of succession, has led to this acquisition.

    Devon and Coterra merger creates shale major

    Devon Energy has signed a definitive merger agreement with Coterra Energy. The companies say that the combination will create a leading shale operator with a high-quality asset base anchored by a premier position in the economic core of the Delaware Basin. The combined company will be named Devon Energy and will be headquartered in Houston while maintaining a significant presence in Oklahoma City. The companies say that they have identified $1 billion in annual pre-tax synergies which, together with technology-driven capital efficiency gains and optimised capital allocation will drive near and long-term per share growth.