RusGazDobycha takes 49% of oil-and-gas equipment maker GMS
What's the deal? RusGazDobychaDealroom has a profile for this one. Try Dealroom → has acquired a 49% stake in GMSDealroom has a profile for this one. Try Dealroom →, a Russian supplier of equipment for the oil and gas sector. The deal was announced in October 2026; its value was not disclosed.
What does GMS do? Its key production asset is GidromashserviceDealroom has a profile for this one. Try Dealroom →, which makes pumping and compressor equipment for the oil and gas industry, thermal and nuclear power, utilities, metallurgy, the chemical industry, and shipbuilding.
By the numbers: Under its most recent disclosed IFRS reporting, GMS's 2024 revenue rose 54% to US$1.44B, while EBITDA climbed 47% to US$189.3M, helped partly by LNG projects.
Why now? The tie-up links GMS to a major buyer in the gas sector as its results lean increasingly on LNG-related work.
The backstory: GMS listed on the London Stock ExchangeDealroom has a profile for this one. Try Dealroom → in 2021, raising $360 million at a capitalisation of $967 million. In 2022 it reported that its majority shareholder had bought out the Russian business; its 2021 accounts named businessman Vladimir Lukyanenko as beneficiary.
The signal: The stake purchase ties a specialised equipment maker to a large gas producer, reflecting the continued reorganisation of Russian industrial ownership following GMS's exit from public markets.
Read more: kommersant.ru
Image credit: Ken Doerr
