Forum energy technologies completes acquisition of variperm energy services

Houston--(business wire)--forum energy technologies, inc. (nyse: fet) today announced it has completed the acquisition of variperm energy services (“variperm”), a leading manufacturer of customized downhole technology solutions, providing sand and flow control products for heavy oil applications. total consideration for the acquisition consisted of $150 million of cash and 2 million shares of fet's common stock, subject to customary purchase price adjustments. “this accretive acquisition enhanc.
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