Robbins & Myers

Last updated
Robbins & Myers, Inc.
Company type subsidiary
IndustryIndustrial Value Manufacturing
Headquarters
Products Oilfield equipment
Parent NOV Inc.
Website robn.com

Robbins & Myers, Inc. is a manufacturer of engineered equipment and systems in global energy and industrial markets. There are basically two segments operating in the company, namely Energy Services and Process and Flow Control. In February 2013, National Oilwell Varco, Inc. acquired Robbins & Myers Inc. [1]

Contents

Products

There are two segments in Robbins & Myers. The company's Energy Services division provides T-3, critical well drilling equipment parts for drilling operations (such as production, pipeline transmission ) of oil and gas.
The company's Process and Flow Control division provides glass-lined reactors and storage vessels, industrial progressing cavity pumps, valve controls and grinders, fluid-agitation equipment. [2] Robbins & Myers also used to own Hunter Fan Company, a ceiling fan company based in Memphis, Tennessee until 1986, when the fan company was spun off into it's own entity.

Hunter Original Manufactured by Robbins & Myers in 1980 22272 Hunter R&M Original 42".png
Hunter Original Manufactured by Robbins & Myers in 1980

Operations

In August 2012, Robbins & Myers, Inc. and National Oilwell Varco, Inc. agreed that National Oilwell Varco would acquire Robbins & Myers with about $2.5 billion in cash. In February 2013, the acquisition was completed after antitrust clearance. [3] [4]

In 2001, the company purchased Romaco N. V. from Brian Fenwick-Smith, the company's founder. [5]

In 2011, the Company sold Romaco Businesses to a group of funds led by Deutsche Beteiligungs AG. [6]

References

  1. "Company Description NYSE". New York Stock Exchange.
  2. "Robinson PLC Description". Google Finance.
  3. "Robbins & Myers and National Oilwell Varco Announce Merger Agreement at $60.00 per Share in Cash". PR Newswire (Press Release). 9 August 2012.
  4. "NOV Takes Over Robbins & Myers". finance.yahoo.com. 22 February 2013.
  5. "Robbins & Myers Completes Romaco Acquisition". PR Newswire (Press Release).
  6. "Robbins & Myers Completes Sale of Romaco Businesses". PR Newswire (Press Release). 29 April 2011.