PE-Backed Logan Acquires Smith's Sup-R-Jar Line
Calgary-based Logan International Inc., a company that manufactures down-hole fishing and intervention tools for the oil and gas industry, has through its U.S. subsidiaries purchased certain assets and operations of the Sup-R-Jar drilling equipment business from Smith International Inc. for C$17.2 million. The transaction is expected to close this month. Logan is a portfolio company U.S. private equity firm Cadent Energy Partners.
4 April 2013•4 mins read
