New Energy Products Company Formed through Five-way Merger, Forum Energy Technologies
Tuesday, August 3, 2010
Forum Energy Technologies (FET) announced the closing of a merger among five separate companies, Forum Oilfield
Technologies, Triton Group, Subsea Services International, Global Flow Technologies,
and Allied Technology, to form FET. Houston based FET is a global provider of
manufactured and applied products to the global energy industry with
approximately $700 million in annual revenues and about 2,000 employees
worldwide. FET will serve the drilling, production, and infrastructure segments
of the energy industry. Among the manufactured products provided by FET are drilling
equipment and spare parts, valves and flow control equipment, subsea remote
operating vehicles, surface production process equipment such as separators and
pressure vessels, and pipeline equipment and applications.
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