Home > M&A deals 2009 > FMC Technologies, Inc. acquires Direct Drive Systems, Inc.
Add-on Acquistion · Machinery & Tools · November 2009

FMC Technologies, Inc. acquires Direct Drive Systems, Inc.

On November 2, 2009, FMC Technologies, Inc. acquired Direct Drive Systems, Inc., a machinery & tools company in California, United States, from Energy Ventures AS.

Deal at a glance

AnnouncedNovember 2, 2009 TypeAdd-on Acquistion TargetDirect Drive Systems, Inc. Buyer FMC Technologies, Inc. Seller Energy Ventures AS SectorMachinery & Tools LocationCalifornia, United States ValueMembers only

Target company

Direct Drive Systems, Inc.
California, United States
Machinery & Toolssector
-founded
Activestatus
View the company profile →

Buyer

FMC Technologies, Inc.
Company · 8 deals on record
  • 1st transaction in machinery & tools
  • 2nd transaction in United States
8deals, all time
1in this sector
2012latest

Seller

Energy Ventures AS
Private equity firm · 36 deals on record
36investments
1in this sector
16exits

Members only

Contact details at the buyers and sellers
The full deal history of every party
Co-investors and the other advisors on this deal
Deal value and revenue or EBITDA multiples

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Questions about this deal

Who acquired Direct Drive Systems, Inc.?FMC Technologies, Inc. acquired Direct Drive Systems, Inc. on November 2, 2009.

Who sold Direct Drive Systems, Inc.?Energy Ventures AS was the seller.

What type of deal was it?It was a add-on acquistion in the machinery & tools sector in 2009.

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