One Equity Partners (OEP) will acquire TechnipFMC’s Measurement Solutions, a key liquid meter provider and digital solutions expert in infrastructure material transfer. This business delivers a wide metering product range for custody transfer and digital tools capturing fiscal data across its three units, serving a prestigious clientele globally. Employing 450 people across six facilities, it includes manufacturing sites in Erie, PA, and Ellerbek, Germany. J.B. Cherry, Senior Managing Director at OEP, underscores the company's growth potential and excitement about the collaboration. This transaction will mark another strategic addition to One Equity’s portfolio, renowned for its reliability in corporate carve-outs. Expected to close in the first half of 2024, the deal is subject to standard conditions.
menu
menu
Menu