One-Page Deal Sheet
Core Labs Acquires Sanchez Technologies in All Cash Deal
Core Laboratories N.V. Sanchez Technologies
Announced Date
June 23,2015
Close Date
June 23,2015
Transaction Type
Corporate
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Core Laboratories N.V. has announced the all cash acquisition of Sanchez Technologies, based in Viarmes, France. Sanchez is a designer and manufacturer of cutting edge reservoir conditions pressure-volume-temperature equipment and instrumentation.
These systems are used to determine petroleum reservoir fluids phase-behavior relationships of crude oils, natural gas and interstitial waters. Sanchez is the world's recognized leader in the manufacture of automated high-pressure, high-temperature mercury-free PVT instrumentation having supplied systems to international and national oil company…