Acquiring Company
Expro Group Holdings N.V
Acquired Company
Enhanced Well Technologies Group
Houston
NorwayEnergyOil And GasRenewable EnergyConstructionBiomass EnergyDescription
Expro Group has agreed to purchase Enhanced Well Technologies Group (Enhanced Drilling) in an all-cash deal worth approximately $215.8 million. This acquisition will enhance Expro's service offerings by incorporating managed pressure drilling solutions. The deal is expected to positively impact cash flow and significantly contribute to Expro's order backlog in the coming years.
Quick answer
Expro Group Holdings N.V is acquiring Enhanced Well Technologies Group for $215.8 million, announced May 7, 2026. Expro Group Holdings N.V is based in Houston, Texas, United States.
- How much did Expro Group Holdings N.V pay for Enhanced Well Technologies Group?
- The reported deal value is $215.8 million.
- What does Expro Group Holdings N.V do?
- Expro is a leading provider of energy services, offering cost-effective, innovative solutions and what the Company considers to be best-in-class safety and service quality.
- Where are Expro Group Holdings N.V and Enhanced Well Technologies Group based?
- Expro Group Holdings N.V is based in Houston, Texas, United States. Enhanced Well Technologies Group is based in Norway.
- Who are the decision-makers at Expro Group Holdings N.V?
- Fundz holds 2 contacts at Expro Group Holdings N.V. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Expro Group Holdings N.V, and when
When Expro Group Holdings N.V changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Enhanced Well Technologies Group?
Enhanced Well Technologies Group was acquired by Expro Group Holdings N.V, based in Houston. The deal was reported on May 7, 2026. Expro is a leading provider of energy services, offering cost-effective, innovative solutions and what the Company considers to be best-in-class safety and service quality. Expro Group Holdings N.V is privately held and operates in Energy.
When did Expro Group Holdings N.V acquire Enhanced Well Technologies Group?
Expro Group Holdings N.V's acquisition of Enhanced Well Technologies Group was reported on May 7, 2026. Expro Group has agreed to purchase Enhanced Well Technologies Group (Enhanced Drilling) in an all-cash deal worth approximately $215.8 million. This acquisition will enhance Expro's service offerings by incorporating managed pressure drilling solutions. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Enhanced Well Technologies Group do?
Enhanced Drilling is a Norwegian drilling solutions provider offering riserless and riser-based technologies aimed at improving well economics. The company has extensive experience, having drilled over 1,000 wells using its innovative technologies. It is privately held, and is based in Norway.
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