On the Record · CGG
CGG acquisitions, on the record
The businesses CGG bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Veritas DGC Inc.Word for word“In 2007, CGG acquired Veritas DGC Inc. and was renamed “Compagnie Générale de Géophysique — Veritas”.” 20-F for 2015 | acquisition | In 2007 | — |
WavefieldWord for word“In the past we have grown by acquisitions, some of which, such as the merger with Veritas in 2007, the acquisition of Wavefield in 2008 or the acquisition of Fugro Geoscience Division in 2013, were quite significant.” 20-F for 2015 | acquisition | in 2008 | — |
Fugro Geoscience DivisionWord for word“On January 31, 2013, we acquired the Geoscience Division of Fugro, adding the Robertson, Jason and Data Management Services business lines to the GGR activity.” 20-F for 2015 | acquisition | On January 31, 2013 | — |
Shallow water, ocean bottom cable and ocean bottom node activities (transferred to a joint venture with Fugro)Word for word“In connection with the Fugro Geoscience Division acquisition, we transferred our shallow water, ocean bottom cable and ocean bottom node activities to a company in which Fugro holds a 60% majority interest and we hold a minority interest.” 20-F for 2015 | divestiture | — | — |
Canadian land dataWord for word“During the fourth quarter of 2015, MCNV sold its Canadian land data and exited that national market.” 20-F for 2015 | divestiture | During the fourth quarter of 2015 | — |
Seabed businessWord for word“We have transferred our Seabed business to a joint venture company that is controlled by a third party.” 20-F for 2016 | divestiture | — | — |
Read from CGG’s annual reports (20-F for 2017, 20-F for 2016, 20-F for 2015) and the financial data it files with the SEC, as of 2018-03-29. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.