Cameron Completes LeTourneau Technologies Acquisition
25 10월 2011 - 5:48AM
PR Newswire (US)
HOUSTON, Oct. 24, 2011 /PRNewswire/ -- Cameron (NYSE: CAM)
today announced it has closed on its purchase of LeTourneau
Technologies Drillings Systems and Offshore Products divisions from
Joy Global Inc. (NASDAQ: JOYG) for approximately $375 million in cash.
Cameron Chairman and Chief Executive Officer Jack B. Moore said, "We are pleased to add
LeTourneau Technologies' talented people and its products to the
Cameron organization, and we look forward to moving ahead with the
integration process."
Cameron is a leading provider of flow equipment products,
systems and services to worldwide oil, gas and process
industries.
Website: www.c-a-m.com
SOURCE Cameron
Copyright 2011 PR Newswire
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