Expro Group completed the merger with Frank's International.

Expro Group, a privately-held international energy services company, completed the merger with Frank's International, a global oil services company that provides a broad range of highly engineered drilling and completions solutions and services. Expro shareholders received a fixed exchange ratio of 7.272 shares of Frank's for each share of Expro owned, subject to adjustment in specified circumstances. Expro shareholders now own c. 65% of the merged entity, with Frank's shareholders owning c. 35%. “This is an exciting day for Expro and Frank’s as we bring our companies together to create a new global leader with the breadth of capabilities and expertise across the well lifecycle to better support customers. I would like to thank everyone at Expro and Frank’s for their great work in completing the transaction, planning for a successful integration, and positioning the combined company for long-term success. With our broad portfolio of services and solutions, enhanced scale, global operating footprint and strong, debt-free balance sheet, Expro is well positioned for an expected industry recovery and is well positioned to deliver compelling value for shareholders," Mike Jardon, Expro Chief Executive Officer.