FMC Technologies acquires 45% stake in Schilling Robotics for $116 million
Submitted by Aaron Ross on Sat, 12/27/2008 - 18:13
FMC Technologies, a leading global provider of technology solutions for the energy industry along with Schilling Robotics has entered into a definitive agreement whereby FMC Technologies will acquire a 45% interest in latter for $116 million.
FMC Tech pays $116 million to buy 45% stake in Schilling Robotics
Submitted by Justin Sorkin on Sat, 12/27/2008 - 13:30
As a result of a $116 million deal, FMC Technologies, Inc. would soon acquire a 45% stake in Schilling Robotics LLC - along with the right to buy the rest of the company between 2012 and 2014.
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