Akastor ASA: MHWirth strengthens onshore aftermarket services through acquisition of Bronco Manufacturing
Akastor ASA's (OSE: AKA) wholly owned subsidiary MHWirth AS ("MHWirth"), has today entered into agreements with Bronco Holdings LLC for the effective purchase of 100% ownership interests in Bronco Manufacturing LLC ("Bronco") for a total consideration of USD 31.5 million (the "Transaction"). The agreements are formally entered into through MHWirth's US subsidiary, MHWirth Inc. Bronco is a leading provider of critical aftermarket solutions and products to the global onshore and offshore drilling market. MHWirth's aim is to increase Bronco's market share globally through utilizing