Forum energy technologies divests abz and quadrant valve brands

Houston--(business wire)--forum energy technologies, inc. (nyse: fet) today announced that on december 31, 2020 it completed the sale of assets associated with its abz and quadrant valve brands to anvil and smith-cooper international. total consideration for the transaction was $105 million in cash. as part of the transaction, anvil and smith-cooper will employ the abz and quadrant employees primarily located at the operations located in madison, kansas and broussard, louisiana. cris gaut, foru
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