Acquiring Company
Technip Energies
Acquired Company
Shell
Paris
LondonEnergyOil And GasRenewable Energyinformation technology & servicesManufacturingEnergyOil And GasBiomass EnergyDescription
Technip Energies has acquired glycol purification technology from Shell Catalysts & Technologies to accelerate the commercialization of their Bio-2-GlycolsTM technology for bio-based Mono Ethylene Glycol (MEG) production from glucose. This acquisition marks a strategic move for Technip Energies to offer a bio-based polyester solution by replacing fossil-based feedstock, aiming to produce polyesters with lower carbon footprints and less environmental impact.
Quick answer
Technip Energies is acquiring Shell, announced June 27, 2024. Technip Energies is based in Paris, Ile-de-France, France.
- How much did Technip Energies pay for Shell?
- The deal value was not disclosed.
- What does Technip Energies do?
- Technip Energies is a leading Engineering & Technology company for the energy transition, with leadership positions in Liquefied Natural Gas (LNG), hydrogen and ethylene as well as growing market positions in blue and..
- Where are Technip Energies and Shell based?
- Technip Energies is based in Paris, Ile-de-France, France. Shell is based in London, England, United Kingdom.
- Who are the decision-makers at Technip Energies?
- Fundz holds 1 contact at Technip Energies. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Energy and Oil And Gas
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Suncor Energy Inc. to acquire TotalEnergies EP Canada Ltd's oil sands assets (July 3, 2024)
- Flowserve Corporation completes acquisition of LNG Pumping Technology from NexGen Cryogenic Solutions, Inc. to drive decarbonization growth strategy (July 23, 2024)
- Resource Innovations completes acquisition of Cadeo to enhance clean energy services (June 20, 2024)
- Enbridge completes acquisition of Questar Gas Company to expand its gas utility business (June 3, 2024)
- Aggreko Energy Solutions completes acquisition of Infiniti Energy to strengthen solar development capabilities (July 8, 2024)
- Dominion Energy to acquire second offshore wind lease area off coast of North Carolina from Avangrid (July 8, 2024)
Who to call at Technip Energies, and when
When Technip Energies changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Technip Energies raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Technip Energies, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Technip Energies. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Technip Energies makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired Shell?
Shell was acquired by Technip Energies, based in Paris. The deal was reported on June 27, 2024. Technip Energies is privately held and operates in Energy.
When did Technip Energies acquire Shell?
Technip Energies's acquisition of Shell was reported on June 27, 2024. Technip Energies has acquired glycol purification technology from Shell Catalysts & Technologies to accelerate the commercialization of their Bio-2-GlycolsTM technology for bio-based Mono Ethylene Glycol (MEG) production from glucose. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Shell do?
Shell plc is a global group of energy and petrochemical companies. The company explores, produces, and refines oil and gas, and sells petroleum and other chemical products. It is publicly traded (SHEL), operating in Manufacturing, and is based in London.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.