3i is selling its 51% stake in Aberdeen-based Specialised Petroleum Services (SPS) Group, a provider of wellbore clean-up products and services for the oil and gas industry, to M-I Swaco.
SPS’s founder and other shareholders are also exiting at this time. The purchase price for the entire company is approximately US$165m. 3i has been a major shareholder and investor in SPS since 1999; since that time the company has strengthened its global market footprint and expanded its product and service offering through organic and acquisitive growth.
If you do not receive this within five minutes, please try and sign in again. If the problem persists, please
email: