Strategic Highlights
- Creates a leader in Subsea, Surface and Onshore/Offshore, driven by technology and innovation
- Builds a comprehensive and flexible offering across each market from concept to project
delivery and beyond - Accelerates growth: broader portfolio of solutions will increase innovation, improve execution,
reduce costs and enhance customer success - The combined company will be called Á½ÐÔÉ«ÎçÒ¹. It brings together two complementary
market leaders and their talented employees, building on the proven success of their existing
alliance, enabling rapid integration.
Financial Highlights
- Combined 2015 revenue of $20 billion and EBITDA(1i) of $2.4 billion; $20 billion backlog on March
31, 2016 - All-stock transaction: Technip shareholders to receive 2.0 shares of the combined company for
each share of Technip; FMC Technologies shareholders to receive 1.0 share of the combined
company for each share of FMC Technologies; Á½ÐÔÉ«ÎçÒ¹ to be listed on the New York and
Paris stock exchanges - Expected to deliver at least $400 million in annual pretax cost synergies in 2019
- Significantly accretive to both companies’ earnings per share
- One of the strongest balance sheets in the industry