FTI - Mergers and acquisitions

Firm Concludes Latest Industrial Carve-Out One Equity Partners ("OEP"), a middle market private equity firm, has completed the acquisition of TechnipFMC's Measurement Solutions business ("the Business"), from TechnipFMC (NYSE:FTI). The Business, which is being rebranded as Guidant, is a leading provider of fiscal measurement technologies, facility asset management and automation solutions, and integrated measurement systems deployed across the energy value chain. Headquartered in Houston, TX, Guidant offers a broad portfolio of measurement technology, digital and automation solutions, and systems across the globe. With manufacturing in the U.S. and Europe; Guidant's portfolio includes S

Subsea orders of $1 billion in the quarter, $5 billion for the full year Surface Technologies orders of $1.1 billion in the quarter, $1.8 billion for the full year Cash flow from operations of $483.5 million in the quarter, free cash flow of $423 million Cash and cash equivalents increased to $1.3 billion; net debt reduced to $677.5 million TechnipFMC plc (NYSE:FTI) today reported fourth quarter 2021 results. Summary Financial Results from Continuing Operations - Fourth Quarter 2021 Reconciliation of U.S. GAAP to non-GAAP financial measures are provided in financial schedules.   Three Months Ended Change (In millions, except per share amounts) Dec. 31, 2021 S

Subsea inbound orders of $1.1 billion in the quarter, $3.9 billion for first nine months Cash flow from operations of $135.9 million; free cash flow of $88.6 million Cash and cash equivalents increased to $1.0 billion; net debt reduced by $401 million TechnipFMC plc (NYSE:FTI) (PARIS:FTI) today reported third quarter 2021 results. Summary Financial Results from Continuing Operations Reconciliation of U.S. GAAP to non-GAAP financial measures are provided in financial schedules.   Three Months Ended Change (In millions, except per share amounts) Sep. 30, 2021 Jun. 30, 2021 Sep. 30, 2020 Sequential Year-over-Year Revenue $1,579.4 $1,668.

TechnipFMC (NYSE:FTI) (PARIS:FTI) today announced that it has completed the acquisition of the outstanding shares of Magma Global (Magma), the leading provider of composite pipe technology to support the Energy Transition. TechnipFMC originally acquired an interest in Magma in 2018, combining its strong history in flexible pipe technology with Magma's advanced composite capabilities to develop a disruptive composite pipe solution for the traditional and new energy industries. Magma technology enables the manufacture of Thermoplastic Composite Pipe (TCP) using Polyether Ether Ketone (PEEK) polymer, which is highly resistant to corrosive compounds, such as CO2. When combined with TechnipFMC

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC plc (NYSE: FTI) (Paris: FTI) today reported fourth quarter 2020 results. Summary Financial Statements - Fourth Quarter 2020 Reconciliation of U.S. GAAP to non-GAAP financial measures are below and in financial schedules. Three Months Ended (In millions, except per share amounts) December 31, 2020 December 31, 2019 Change Revenue $3,426.1 $3,726.8 (8.1%) Net income (loss) $(39.3) $(2,414.0) n/m Diluted earnings (loss) per share $(0.09) $(5.40) n/m         Adjusted EBITDA $300.8 $404.4 (25.6%) Adjusted EBITDA margin