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Oil & Gas Equipment & Services M&A image Oil & Gas Equipment & Services M&A » By The Online Investor Staff, updated Wed., May. 8, 7:49 PM Recent mergers and acquisitions in the Oil & Gas Equipment & Services M&A category.

Slide #71. Forum Energy Technologies, Inc. Blohm + Voss Oil Tools

Acquirer: Forum Energy Technologies, Inc. (NYSE:FET)
Acquiree: Blohm + Voss Oil Tools
Details: Forum Energy Technologies, Inc. (NYSE:FET) announced today that it has entered into a definitive agreement to acquire Blohm + Voss Oil Tools from STAR Capital Partners Limited (STAR), a London based private equity firm. Completion of the transaction is subject to certain customary closing conditions. Further details of the transaction were not disclosed.

Forum Energy Technologies serves the oil, natural gas, industrial and renewable energy industries. Co.'s segments include: drilling and downhole, which designs, manufactures and supplies products and provides related services to the drilling, well construction, artificial lift and subsea energy construction markets; completions, which designs, manufactures and supplies products and provides related services to the coiled tubing, well stimulation and intervention markets; and production, which designs, manufactures and supplies products and provides related equipment and services for production and infrastructure markets.

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Company Name:  Forum Energy Technologies Inc
Stock buyback:  FET buyback
Website:  www.f-e-t.com
Sector:  Oil & Gas Equipment & Services
Number of ETFs Holding FET:  14
Total Market Value Held by ETFs:  $17.39M
Total Market Capitalization:  $231.00M
% of Market Cap. Held by ETFs:  7.53%
 

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May 8, 2024    7:49 PM Eastern
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