Article: United States: T-3 Energy Services, Inc. Acquires the Surface Wellhead Business of Azura Energy Systems.

Byline: manish03

T-3 Energy Services, Inc. announced today that it has completed the purchase of the assets of the Azura Energy Systems Surface business for $8.14 million in cash plus the assumption of accounts payable and other current liabilities. This business, when consolidated with T-3 Energys current Wellhead business, will provide additional geographic locations in key markets and allow consolidation of several facilities where both companies are presently located. Gus D. Halas, T-3 Energys Chairman, President and Chief ...

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