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Trusted by
Acquiring Company
CB&I
Acquired Company
Petrofac Asset Solutions
The Woodlands
AberdeenManufacturingEnergyOil And GasWaterEnergyOil And GasRenewable EnergyDescription
Petrofac confirms the sale of its Asset Solutions business to CB&I following the rejection of a CVA challenge by HMRC. The sale was agreed upon with 99% creditor approval and aims to be completed swiftly. This acquisition will secure a positive future for the business and its employees. Petrofac is working towards finalizing the transaction promptly to prevent further delays.
Fundz sees it the moment CB&I makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Frequently asked
Who acquired Petrofac Asset Solutions?
Petrofac Asset Solutions was acquired by CB&I, based in The Woodlands. The deal was reported on March 12, 2026. CB&I is the world's leading designer and builder of storage facilities, tanks and terminals. CB&I is privately held and operates in Manufacturing.
When did CB&I acquire Petrofac Asset Solutions?
CB&I's acquisition of Petrofac Asset Solutions was reported on March 12, 2026. Petrofac confirms the sale of its Asset Solutions business to CB&I following the rejection of a CVA challenge by HMRC. The sale was agreed upon with 99% creditor approval and aims to be completed swiftly. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Petrofac Asset Solutions do?
Petrofac Asset Solutions is a leading provider of operations, maintenance and decommissioning services for onshore and offshore energy assets globally. The company focuses on delivering high-value growth opportunities and expanding differentiated services. It is privately held, operating in Energy, and is based in Aberdeen.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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