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Dec 1, 2021ACQUISITIONRed Deer, Alberta, Canada

Lee Specialties and Nexus Energy Technologies merge to form NXL Technologies

Red Deer, Alberta-based oilfield equipment makers Lee Specialties and Nexus Energy Technologies merged to form NXL Technologies, a wireline and coiled tubing pressure control equipment manufacturer with about 125,000 sq ft of manufacturing space.

Status

Completed

Capacity

Approximately 125,000 sq ft manufacturing space

Productsblowout preventerswireline skidsaccumulatorslubricatorscoiled tubing pressure control equipment

CompaniesLee Specialties partner Nexus Energy Technologies partner NXL Technologies partner

Sectors#Mining Equipment #Industrial Machinery

“Lee Specialties Inc. and Nexus Energy Technologies Inc. announced the merger Wednesday, combining to form NXL Technologies Inc.”reddeeradvocate.com

1 source
reddeeradvocate.comRed Deer-based oilfield companies mergeDec 2, 2021

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

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