# Expro to acquire Coretrax for $210M

Energy services firm Expro has agreed to acquire drilling technology company Coretrax for $210 million. The deal is expected to close in Q2 2024.

- Type: Acquisition
- Announced: 2024-02-13
- Where: Portlethen, Aberdeenshire, United Kingdom
- Value: $210.0M
- Status: announced
- Products: drilling technology, well construction equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Expro](https://endata.com/companies/4207.md) (acquirer)
- [Coretrax](https://endata.com/companies/75613.md) (target)

## Sources

- [energyvoice.com](https://www.energyvoice.com/oilandgas/547671/expro-buy-coretrax-deal/), 2024-02-13: "Expro said the acquisition is 'complementary' to its own offering but with 'little overlap' and will open up new avenues for growth in areas including the Americas, Europe, Middle East and Africa."

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