Gordon Technologies Acquires Vertex Downhole Trading LLC (Vertex UAE)
October 31, 2024
Gordon Technologies LLC, an Enersol company, has acquired Vertex Downhole Trading LLC (Vertex UAE), the Eastern Hemisphere business of Vertex Downhole Technologies Inc. The deal expands Gordon's Measurement While Drilling (MWD) footprint across the Middle East and Eastern Hemisphere and transfers IP rights for Winc, Winc+ and Mudlink technologies.
- Buyers
- Gordon Technologies LLC, Enersol
- Targets
- Vertex Downhole Trading LLC (Vertex UAE)
- Sellers
- Vertex Downhole Technologies Inc
- Industry
- Oil & Gas
- Location
- Dubai, United Arab Emirates
- Transaction Type
- Buyout
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