# Lufkin Industries completes acquisition of Schlumberger's North American rod lift business

Lufkin Industries completed its acquisition of Schlumberger's North American Land Rod Lift Business, a provider of rod lift products and services with brands including Don-Nan and Shores Lift Solutions.

- Type: Acquisition
- Announced: 2020-11-02
- Where: Missouri City, Texas, United States
- Status: completed
- Products: rod lift pumps, beam pumping units, sucker rods, gas lift products, automation systems
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Schlumberger](https://endata.com/companies/220.md) (partner)
- [Schlumberger](https://endata.com/companies/220.md) (target)
- [KPS Capital Partners](https://endata.com/companies/1184.md) (investor)
- [Lufkin Industries](https://endata.com/companies/7178.md) (acquirer)

## Sources

- [worldoil.com](https://www.worldoil.com/news/2020/11/2/lufkin-industries-acquires-schlumberger-s-north-american-rod-lift-business), 2020-11-02: "Lufkin Industries announced that it has completed the acquisition of the North American Land Rod Lift Business of Schlumberger."
- [newswire.ca](https://www.newswire.ca/fr/news-releases/lufkin-industries-acquires-north-american-rod-lift-business-of-schlumberger-n-v--899303217.html), 2020-11-02: "Lufkin Industries (Lufkin), a portfolio company of KPS Capital Partners, LP (KPS), announced today that it has completed the acquisition of the North American Land Rod Lift Business of Schlumberger N.V."

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