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TETRA Technologies Wraps-Up Greywolf Production Systems Deal

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August 1, 2012

TETRA Technologies, Inc. (TTI) announced that it has completed the acquisition of substantially all of the assets and business of Greywolf Production Systems for $55.5 million in cash, effective July 31, 2012. The acquisition was funded with a combination of available cash and borrowings under the Company's revolving credit facility.

Greywolf is a well testing and flow back company headquartered near Calgary, Alberta, with Canadian operational centers in Crossfield and Grande Prairie, Alberta, and U.S. operational centers in Williston, North Dakota, and Shoshoni, Wyoming. Established in 2005, Greywolf has become ...

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