FET Variperm
Highly Engaged Employees
Industrial Machinery & Equipment · Canada · 51-200 Employees
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Overview
Headquarters
3424 26 St NE, Calgary, Alberta, T1Y 4T7...Phone Number
(403) 250-7263Website
www.variperm.comRevenue
$13.3 MillionIndustry
About FET Variperm
FET Variperm Org Chart
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Activity Insights
FET Variperm is experiencing very low activity levels compared to other companies in the Manufacturing sector.
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FET Variperm is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about FET Variperm.
FET Variperm Tech Stack
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FET Variperm News & Media
Forum Energy Technologies Announces Transformative Acquisition of Variperm Energy Services
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) (“FET”) today announced that it has entered into a definitive agreement to acquire Variperm Energy Services (“Variperm”) for consideration of $150 million of cash and 2 million shares of FET’s common stock, reflecting a valuation of approximately 3.7x Variperm’s trailing twelve months EBITDA as of September 30, 2023. The transaction is expected to close in January 2024 and is subject to customary closing conditions and Canadi
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Frequently Asked Questions Regarding FET Variperm
Variperm specializes in downhole solutions for sand control and flow devices, offering a comprehensive range of products including sand management solutions, inflow and outflow control devices, and completion tools for various applications. Their expertise extends to water well, industrial, and environmental filtration systems, as well as cased hol... Read More