Announced
Financials
Sources
Tags
Pending
Public
oil and gas company
Merger
Integrated Oil and Gas
Cross Border
Friendly
Acquisition
Single Bidder
United States
Majority
Synopsis
Enerflex, a worldwide supplier of products and services to the global power generation and gas production industry, agreed to acquire Exterran, a global systems and process company offering solutions in the oil, gas, water and power markets, for $735m. "We are excited about the ability to create shareholder value through this transaction and improving our product and service offering. The scale and efficiencies this combination brings is the right path for Exterran and brings significant opportunities for accelerated growth in produced water treatment and energy transition products and services," Andrew Way, Exterran President and CEO.
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