Viking Energy to acquire 60% stake in Simson-Maxwell

Viking Energy agreed to acquire a 60% stake in Simson-Maxwell, a manufacturer and supplier of industrial engines and power generation products. Financial terms were not disclosed.

“We are very excited to be working with Remora and the entire Simson-Maxwell team, and look forward to further strengthening an already-established platform and recognizable brand to position the company for additional expansion throughout North America through the remainder of this year and beyond.”app.mergerlinks.com

• 2 sources
• app.mergerlinks.comViking Energy to acquire a 60% stake in Simson-Maxwell.Aug 9, 2021
• globenewswire.comViking Energy Acquires Majority Interest in Simson-MaxwellViking Energy Group, Inc.Aug 9, 2021

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