Innovex Downhole Solutions completed the acquisition of Rubicon Oilfield International.

Innovex Downhole Solutions, which designs, manufactures, and installs a range of mission-critical well construction, well completion and well production solutions, completed the acquisition of Rubicon Oilfield International, an oilfield products and technical services company. Financial terms were not disclosed. "I am excited to have the opportunity to combine two great organizations to create an even stronger product and technology-focused company. Our company has been successful in bringing to market a broad range of innovative products that enable our customers to develop their resources more cost effectively. I have a great deal of respect for the people, culture and products at Rubicon, and believe the transaction will enable the combined business to thrive. The increased scale, distribution network and broader product offering will significantly enhance value for our employees, customers and shareholders," Adam Anderson, Innovex CEO.