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Weir Group Acquires Seaboard Holdings Inc. for $675 Million

Tuesday, November 29, 2011  
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The Weir Group PLC has agreed to acquire Seaboard Holdings Inc, an independent wellhead solutions provider focused on the growing North American unconventional oil and gas drilling and production markets for $675 million.

Based in Houston, Seaboard manufactures engineered wellhead and pressure control equipment to the oil and natural gas exploration and production industries. Seaboard also provides a range of associated field and support services, including equipment rental into the onshore oil and gas drilling, completion and production markets. More...

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