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Synopsis
Expro, an energy services provider, completed the acquisition of Coretrax, a performance drilling tools and wellbore cleanup, well integrity and production optimization solutions provider, from Buckthorn Partners, a private equity firm, for $210m. “This is an exciting day as we officially welcome John Fraser and his Coretrax teammates to the Expro family. We expect the acquisition to accelerate the growth of Coretrax’s innovative, high value-adding drilling optimization, well integrity and production enhancing technology solutions by leveraging Expro’s global operating footprint," Michael Jardon, Expro CEO.
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