PR Newswire: news distribution, targeting and monitoring
2014
See more news releases in Gas  | Oil & Energy  | Utilities  | Machinery  | Venture Capital  | Licensing

Indonesian Gas & Oil Parts Manufacturer Obtains $20M Growth & Expansion Funding from Capital Corp

As demand for oil increases, so has demand for oilfield products & services. This is an opportunity that Capital Corp Merchant Banking is seizing by submitting a proposal to acquire 20% of the controlling stock of one of the most important regional players of this market.

Share with Twitter Share with LinkedIn

ORLANDO, Fla., July 18, 2013 /PRNewswire/ -- This investment opportunity shared by both the oilfield equipment manufacturer and Capital Corp Merchant Banking will allow the manufacturer to increase production and develop a new land rig equipment and servicing business. The company already has integrated engineering capabilities and a strong customer mix that includes some of the world's top oil companies.

The oil and gas industry at large remains profitable today due to ever increasing demands worldwide for gas & oil. While the global oil and gas exploration and production industry is expected to generate $4.5 trillion in revenue in 2013, the oil and as drilling industry (essentially the manufacturer's clients) experienced solid growth during the past 5 years and is forecast to reach an estimated $136 billion in 2017. In the manufacturer's own market of gas & oil drilling products and services, global spending in 2010 totaled $66.4 billion and continues to be an ever expanding market.

The method by which this project is to be funded is the brainchild of Gilles Herard. Mr. Herard is a seasoned merchant banker and has been in the banking industry for 38 years. As the head of Capital Corp Merchant Banking, Mr Herard has become a leading figure in international middle-market project financing and engineers all funding structures for projects at Capital Corp and has received numerous awards for his work and other contributions.

About Capital Corp Merchant Banking: Capital Corp Merchant Banking offers quality Merchant Banking services for a variety of projects worldwide. Capital Corp Merchant Banking is solution-oriented and known for being the most flexible Funding Source on the Market in creating handcrafted investment structures to meet the needs of the different constituent groups in each individual transaction. Capital Corp Merchant Banking offers many services: Project Financing, including for gas & oil projects, business debt restructuring, Consulting, Negotiating Services, Acquisitions, and Investment Approach.

SOURCE Capital Corp Merchant Banking



RELATED LINKS
http://www.capitalcorpmerchantbanking.com

Featured Video

Journalists and Bloggers

Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.

View and download archived video content distributed by MultiVu on The Digital Center.

Share with Twitter Share with LinkedIn

Next in Gas News

 

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

 
 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

 
 

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.

 

Online Member Center

Not a Member?
Click Here to Join
Login
Search News Releases
Advanced Search
Search
  1. PR Newswire Services
  2. Knowledge Center
  3. Browse News Releases
  4. Contact PR Newswire
  5. Send a News Release