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27.07.2017 21:00:07
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DGAP-Ad hoc: Petro Welt AG (ex cat oil)
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DGAP-Ad-hoc: Petro Welt Technologies AG / Key word(s): Takeover Petro Welt Technologies AG Acquires Proppant Manufacturing Company in Russia Vienna/Moscow, July 27, 2017 - Petro Welt Technologies AG, one of the leading international OFS providers, and CARBO Ceramics Inc., a global technology company that provides products and services to the oil and gas and industrial markets, have signed a Share Purchase Agreement for the acquisition of all the shares of CARBO Ceramics Cyprus Limited, which owns a proppant manufacturing facility in Kopeysk, Russia, at a purchase price of USD 22 million. Both parties intend to close the transaction during the third quarter of 2017, subject to approval by the Russian Federal Antimonopoly Agency. Contact:
27-Jul-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Petro Welt Technologies AG |
| Kärntner Ring 11-13 | |
| 1010 Vienna | |
| Austria | |
| Phone: | +43 1 535 23 20-0 |
| Fax: | +43 1 535 23 20-20 |
| E-mail: | ir@pewete.com |
| Internet: | www.pewete.com |
| ISIN: | AT0000A00Y78 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| End of Announcement | DGAP News Service |
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596551 27-Jul-2017 CET/CEST
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