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Announced

Completed

Baker Hughes completed the acquisition of Altus Intervention.

Synopsis

Baker Hughes, an energy technology company that provides solutions for energy and industrial customers worldwide, completed the acquisition of Altus Intervention, a provider of well intervention services and down-hole technology. Financial terms were not disclosed. “This acquisition supports our short- and long-term strategies of transforming core oil and gas operations by enhancing technological capabilities and providing customers with higher-efficiency solutions. We value the Altus Intervention team’s deep expertise and technology and are excited about the services and integrated well intervention solutions available to our customers,” Maria Claudia Borras, Baker Hughes Executive Vice President of Oilfield Services & Equipment.

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