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Announced

Completed

Expro completed the acquisition of PRT Offshore for $106m.

Financials

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Transaction Value£84m
Consideration TypeOrdinary Shares, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Cross Border

Oil field equipment

Oil Equipment and Services

Acquisition

Majority

Single Bidder

Private

Friendly

Completed

Synopsis

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Expro, a provider of energy services, completed the acquisition of PRT Offshore, an oil field equipment supplier, for $106m. “Expro is committed to investing in innovation and technology to differentiate our services and solutions offering. This strategic acquisition is exciting for both Expro and PRT Offshore as we strengthen and expand our subsea well access technology offering and continue to deliver value to our customers across the life of their wells." Michael Jardon, Expro Chief Executive Officer.

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