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KLXE — KLX Energy Services Holdings News Story

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Brief: Klx Energy Services Acquires The Assets Of Wolfpack Rentals, Llc Increasing Scale Across Four Major U.S. Operating Areas

BRIEF-Klx Energy Services Acquires The Assets Of Wolfpack Rentals, Llc Increasing Scale Across Four Major U.S. Operating Areas

- KLX Energy Services Holdings Inc KLXE.O:

  • KLX ENERGY SERVICES ACQUIRES THE ASSETS OF WOLFPACK RENTALS, LLC INCREASING SCALE ACROSS FOUR MAJOR U.S. OPERATING AREAS

  • KLX ENERGY SERVICES - BUYS ASSETS OF WOLFPACK RENTALS FOR $17 MILLION

  • KLX ENERGY SERVICES - DEAL INCLUDES $14 MILLION AT CLOSING AND TWO $1.5 MILLION DEFERRED PAYMENTS

  • KLX ENERGY SERVICES - ACQUISITION EXPECTED TO BE IMMEDIATELY ACCRETIVE TO KLX ON ALL FINANCIAL METRICS

  • KLX ENERGY SERVICES - EXPECTED ANNUAL SYNERGIES FROM DEAL EXCEED $2 MILLION PLUS

Source text: ID:nPnbgfPbDa

Further company coverage: KLXE.O


((Reuters.Briefs@thomsonreuters.com;))

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