UK: Expro Sells C&M Business to Siemens for USD 630 million

Expro, the international oilfield service company, has agreed to sell its Connectors & Measurements (C&M) business, including the Tronic and Matre brands, to Siemens AG at a valuation of US$630 million. Expro’s C&M business is a market leader in the design, manufacture, assembly and installation of subsea electrical power and data connectors and temperature and [...]