# TerraVest acquires Alberta wellhead equipment maker Argo Sales

TerraVest Industries acquired the assets of Argo Sales Inc., an Alberta-based manufacturer of wellhead processing and production equipment for the Canadian oil and gas market. The deal was funded with existing cash and credit facilities.

- Type: Acquisition
- Announced: 2019-12-16
- Where: Alberta, Canada
- Status: completed
- Products: wellhead processing equipment, wellhead production equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [TerraVest Industries](https://endata.com/companies/5906.md) (acquirer)
- [Argo Sales](https://endata.com/companies/5907.md) (target)

## Sources

- [newswire.ca](https://www.newswire.ca/news-releases/terravest-announces-the-acquisition-of-argo-sales-847244703.html), 2019-12-16: "Argo Sales is a leading manufacturer of wellhead processing and production equipment in Canada."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
