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Also, since 1920 Krupp held 31.8% of Bofors stock through its Swedish subsidiary AB Boforsintressenter despite a 1916 law prohibiting foreigners from having over 20% stock of a Swedish business. As a result of such a collaboration, Bofors prospered, and by the early 1930s it employed ~2800 people (not counting the supply subsidiaries). [15]
Fortune 500 companies based in Houston [1] Rank Company name 12: ExxonMobil: 48: Phillips 66: 60: Sysco: 105: Enterprise Products Partners: 106: Hewlett Packard ...
In September 2019, the company acquired SemGroup for $5 billion. [15] In January 2020, former Energy Secretary Rick Perry rejoined the company's board. [16] In August 2023, it was announced Energy Transfer had signed a definitive agreement to acquire its Houston-headquartered rival, Crestwood Equity Partners for approximately $7.1 billion. [17]
In 1994, the company began operations in Egypt by acquiring a 25 percent non-operated interest in the Qarun Concession, operated by the Phoenix Resource Companies. Production began in December 1995. [13] In 1995, the company acquired Dekalb Energy Canada, marking the company's return to Canada, in a $285 million stock transaction. [14]
CDI Corporation is a privately held US company providing engineering, procurement, construction management and staffing services to clients in a range of industries including energy, chemical, semiconductor and battery manufacturing. As of 2022, the company employed more than 450 employees. The company is headquartered in Houston, TX.
A new company, Bofors Nobelpharma (later Nobelpharma), was founded in 1981 in Gothenburg, Sweden to commercialize Professor Brånemark's findings. The company launched a number of new products including abutments, drilling equipment and an instrument kit.
Saab Bofors Dynamics is a subsidiary of the Saab Group that specializes in military materiel such as missile systems and anti-tank systems. It is located in Karlskoga and Linköping , Sweden . Its corporate heritage goes back to Bofors , a hammer mill , which was founded as a royal state-owned company in 1646.
As of June 2019, company's debt in taxes increased to 85 million euros, with total debt being at around 145 million euros. [9] Production of firearms in 2020 increased 20%, despite the COVID-19 pandemic. [10] The deals made in 2020 were worth 95 million dollars, with buyers mostly from Asia, Africa and the United States.