# C-Innovation acquires controlling interest in Caltex Oil Tools

C-Innovation, an affiliate of Edison Chouest Offshore, acquired a controlling interest in Caltex Oil Tools, a Houston-based provider of equipment rentals and services for the offshore industry.

- Type: Acquisition
- Announced: 2020-09-28
- Where: Houston, Texas, United States
- Status: completed
- Products: subsea equipment rentals and services, well intervention solutions
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [C-Innovation](https://endata.com/companies/50198.md) (acquirer)
- [Caltex Oil Tools](https://endata.com/companies/50199.md) (target)
- [Edison Chouest Offshore](https://endata.com/companies/50200.md) (investor)

## Sources

- [c-innovation.com](https://c-innovation.com/c-innovation-acquires-caltex-oil-tools-to-expand-capabilities/), 2020-09-28: "With the acquisition of Caltex, we advance our position as the single source solution for our customers."

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