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Vallourec completes acquisition of remaining 49% stake in VAM USA · Endata

◂ Announcements

Jul 28, 2021ACQUISITIONUnited States

Vallourec completes acquisition of remaining 49% stake in VAM USA

Vallourec S.A. completed the acquisition of the remaining 49% stake in VAM USA, LLC from Sumitomo Corporation of Americas and Nippon Steel Oilfield Services Inc. for $41.6 million.

Value

$41.6M

Status

Completed

Productsoilfield services

CompaniesVallourec acquirer Sumitomo Corporation of Americas partner Nippon Steel Oilfield Services Inc. partner VAM USA, LLC target

Sectors#Steel and Metal Products

“Vallourec S.A. (ENXTPA:VK) completed the acquisition of remaining 49% stake in VAM USA, LLC from Sumitomo Corporation of Americas and Nippon Steel Oilfield Services Inc.”marketscreener.com

1 source
marketscreener.comVallourec S.A. (ENXTPA:VK) completed the acquisition of remaining 49% stake in VAM USA, LLC from Sumitomo Corporation of Americas and Nippon Steel Oilfield Services Inc. | MarketScreenerS&P Capital IQJul 27, 2021

Summarized from public sources; check the original articles before acting on it.

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