Petrosmith Acquires Wellflex Energy Solutions
November 23, 2020
Petrosmith has acquired the assets of Wellflex Energy Solutions, a Fort Worth-based engineering, fabrication and EPC specialist for oil and gas production equipment. The acquisition adds Wellflex's engineering, modular fabrication and project management capabilities to Petrosmith's manufacturing and tubular goods business, supporting expanded service offerings for energy operators.
- Buyers
- Petrosmith
- Targets
- Wellflex Energy Solutions, LLC
- Sellers
- Wellflex Energy Solutions, LLC
- Industry
- Energy
- Location
- Texas, United States
- Transaction Type
- Buyout
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