Mergers and Acquisitions (M&A): SLB (NYSE: SLB) Completes Acquisition of ChampionX
SLB has announced the acquisition of ChampionX. According to the company announcement SLB is a global technology company focused on driving energy innovation for a balanced planet. The company works to innovate in oil and gas, deliver digital solutions at scale, decarbonize industries, and develop and scale new energy systems to accelerate the energy transition. With a global footprint spanning over 100 countries, SLB recently completed its acquisition of ChampionX, which is expected to enhance its position in the production and recovery market by integrating production chemicals and artificial lift technologies. This acquisition aims to create value for customers and stakeholders through a combined portfolio, technology capabilities, and digital leadership.
To learn more about SLB, visit http://www.slb.com/
Company LinkedIn Page: https://www.linkedin.com/company/slbglobal/
Company Contact:
Olivier LePeuch, Chief Executive Officer
713-375-3535
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