Expro to Enhance Well Construction and Well Intervention & Integrity Offerings With Acquisition of Aberdeen Scotland-based Coretrax
Retrieved on:
Tuesday, February 13, 2024
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Expro is targeting up to $10 million of annual run-rate cost synergies to be achieved in the first 18 months.
Key Points:
- Expro is targeting up to $10 million of annual run-rate cost synergies to be achieved in the first 18 months.
- Michael Jardon, Expro Chief Executive Officer, said: “We are thrilled to announce our proposed acquisition of Coretrax, and look forward to welcoming John Fraser and his teammates to the Expro family.
- John Fraser, CEO at Coretrax said: “I’m excited about the opportunities the acquisition brings for Coretrax and our team.
- The Company’s extensive portfolio of capabilities spans well construction, well flow management, subsea well access, and well intervention and integrity solutions.