# EnerQuip acquires AMC product line from Forum Energy Technologies

EnerQuip Ltd has acquired the AMC product line from Forum Energy Technologies for an undisclosed sum, including intellectual property, people and assets. The acquisition expands EnerQuip's portfolio of torque machines and bucking units for the oil and gas industry.

- Type: Acquisition
- Announced: 2022-08-11
- Where: Aberdeen, United Kingdom
- Status: completed
- Products: torque machines, bucking units, threaded downhole drilling tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Forum Energy Technologies](https://endata.com/companies/705.md) (target)
- [EnerQuip](https://endata.com/companies/64694.md) (acquirer)

## Sources

- [enerquiptorque.com](https://enerquiptorque.com/torque-leader-announces-significant-expansion-thanks-to-product-line-acquisition/), 2022-08-11: "EnerQuip Ltd has acquired the AMC product line from Forum Energy Technologies for an undisclosed sum."

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