Scaling up

BHP Corporate Finance is delighted to have acted as lead advisor to the shareholders of Swinton Technology on its disposal to the US headquartered, multi-national, Sensia LLC.

Swinton is a market leader in metering supervisory systems and measurement expertise in the oil & gas industry.  Since inception in 2001, the company has continued to develop innovative metering solutions and has established collaborative relationships with many of the major operators in the industry.

Sensia, is a joint venture owned by Rockwell Automation and Schlumberger.  It is an automation specialist in oil & gas production, transportation and processing.  The acquisition will integrate Swinton Technology products and solutions into the Sensia portfolio, expanding its metering opportunities and measurement domain expertise.

Founder shareholder, Ben Leach will continue driving the company forward in his role as Managing Director.  Ben commented “We are excited about being part of a dynamic, customer focused global team and growing the business due to the extensive knowledge and experience of the combined teams.  We will integrate many Swinton Technology solutions into the Sensia product portfolio and will work with the Sensia team to develop and supply market leading solutions.  We very much appreciate BHP’s active role in helping us successfully complete this transaction.”

Hamish Morrison and Matt Scott led the BHP team which advised the shareholders of Swinton Technology on the cross-border transaction.

Matt Scott commented “Swinton has considerable expertise in the implementation and maintenance of flow measurement systems across the oil & gas supply chain.  The strategic acquisition by Sensia expands its capabilities in the oil & gas industry and provides a successful exit for the Swinton Technology shareholders.

The transaction is another illustration of BHP’s expertise in completing cross-border mergers and acquisitions.