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National Oilwell Varco to acquire Canada’s CE Franklin

CE Franklin distributes pipe, valves, flanges, fittings, production equipment, tubular products and other general oilfield supplies, including progressing cavity (PC) pumps, to oil & gas producers in Canada as well as to the oil sands, refining, heavy oil, petrochemical, forestry and mining industries.

Pete Miller, NOV’s chairman, president and CEO, said: “The addition of CE Franklin to NOV’s Canadian distribution operations will broaden our product offering and customer base, while strengthening our combined abilities to serve all of our customers.”

Michael West, president and CEO of CE Franklin, said the transaction brings the opportunity to integrate with a global leader to provide a strong platform for enhanced client service.