One Equity Partners’ Acquisition of AMECO North America

Baker Botts LLP advised Fluor Corporation on the deal.

Fluor Corporation (NYSE: FLR) announced the divestiture of its North American equipment and fleet services business, AMECO, to One Equity Partners for $73 million. This transaction is another significant step in completing the AMECO divestiture announced by Fluor in September 2019.

Fluor Corporation’s 44,000 employees provide professional and technical solutions that deliver safe, well-executed, capital-efficient projects to clients around the world. Fluor had revenue of $15.7 billion in 2020 and is ranked 181 among the Fortune 500 companies. With headquarters in Irving, Texas, Fluor has provided engineering, procurement and construction services for more than 100 years.

The Baker Botts team included: Samantha Crispin (Partner, Dallas, Picture); Preston Bernhisel (Partner, Dallas); Jacqueline Scioli (Associate, Dallas); Nic O’Brien (Associate, Dallas); Victor Ochieng (Associate, Dallas); Stephen Marcus (Partner, Dallas); Snow Xue Rui (Associate, Dallas); Robin Melman (Partner, New York); Gabriela Alvarez (Associate, Houston); Elizabeth Rucki (Senior Associate, Dallas); Aileen Hooks (Partner, Austin).

Involved fees earner: Gabriela Alvarez – Baker Botts LLP; Preston Bernhisel – Baker Botts LLP; Samantha Hale Crispin – Baker Botts LLP; Aileen Hooks – Baker Botts LLP; Stephen Marcus – Baker Botts LLP; Robin Melman – Baker Botts LLP; Nic O’Brien – Baker Botts LLP; Victor Ochieng – Baker Botts LLP; Elizabeth Rucki – Baker Botts LLP; Jacqueline Scioli – Baker Botts LLP; Snow Xue Rui – Baker Botts LLP;

Law Firms: Baker Botts LLP;

Clients: Fluor Corporation;

Author: Martina Bellini