Technipfmc announces agreement to sell measurement solutions business

Newcastle & houston--(business wire)--technipfmc plc (nyse: fti) (the “company” or “technipfmc”) today announced an agreement to sell the company's measurement solutions business to one equity partners for $205 million in cash, subject to customary adjustments at the closing of the transaction. as part of the surface technologies segment, the measurement solutions business encompasses terminal management solutions and metering products and systems, and includes engineering and manufacturing loc.
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