Cactus, Inc. (WHD) to Acquire FlexSteel
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Cactus Announces Agreement to Acquire FlexSteel
January 3, 2023 6:30 AM ESTTransaction & Business Highlights
Acquisition of a leading manufacturer and provider of differentiated onshore spoolable pipe technologies and associated installation services Enhances Cactus position as premier provider of highly engineered equipment to the exploration & production (E&P) industry and expands reach further downstream Strong through-cycle margin profile, modest capital requirements and attractive growth potential Transaction is expected to be accretive to first year financial metricsHOUSTON--(BUSINESS WIRE)-- Cactus, Inc. (NYSE: WHD) (Cactus or the Company) announced today that it has entered into a definitive agreement (the... More
