Dresser Ngs First Reserve

Simpson thacher is representing first reserve on the deal.

Dresser ngs first reserve. Dresser rand nyse drc among the largest global suppliers of custom engineered rotating equipment solutions for long life critical applications in the oil gas petrochemical and process industries. First reserve previously owned the business for approximately 10 years when it was part of dresser inc a former first reserve portfolio company which was sold to ge in 2011. Jeff quake managing director of first reserve commented our investment in dresser ngs represents a continuation of first reserve s thematic approach to investments targeting the asset integrity sector. Dresser natural gas solutions capabilities extend from complete stations to the gas burner tip as well as a broad portfolio of pipeline integrity solutions.

No financial terms were disclosed. Simpson thacher is representing first reserve on the deal. First reserve has agreed to buy dresser natural gas solutions from baker hughes a ge company. First reserve to acquire dresser ngs from baker hughes a ge company.

First reserve purchased dresser rand from ingersoll rand in october 2004. Dresser ngs is an original equipment manufacturer of commercial and industrial natural gas meters and pipeline repair products. First reserve took dresser rand public in august 2005. Stamford conn houston and london july 18 2018 prnewswire first reserve a leading global private equity investment firm exclusively focused on energy today announced an agreement to.

First reserve has agreed to buy dresser natural gas solutions from baker hughes a ge company. First reserve a leading global private equity investment firm exclusively focused on energy today announced an agreement to purchase dresser natural gas solutions a global original equipment manufacturer of commercial and industrial natural gas meters and pipeline repair products from baker hughes a ge company. Dresser natural gas solutions ngs is a leading provider of measurement instrumentation and piping solutions to the natural gas distribution and transmission markets throughout the world. Connecticut delaware florida illinois indiana kentucky maine maryland massachusetts michigan new hampshire new jersey new york ohio pennsylvania rhode.

Dresser ngs has 43 registered trademarks and more than 100 active patents or patent filings around the world.