NCS Multistage Holdings Acquired by Weatherford International | Industrials M&A Deal

Weatherford International has acquired NCS Multistage Holdings, a industrial services other business in Texas. NCS Multistage Holdings provides multistage well services and related oilfield support that expand Weatherford International acquisitions in U.S. industrials. The Weatherford International acquisitions strengthen industrial services other acquisition capabilities for TX acquisitions and broaden merger acquisition offerings for customers operating in Texas. The strategic acquisition is structured as a merger acquisition, with Weatherford International acting as a strategic buyer in industrials M&A. Deal size was not disclosed, and the announced merger acquisition is expected to close following customary conditions and filings.