Pure Technologies has signed an agreement to acquire the business of inspection services for oil and gas pipelines and related assets of Hunter McDonnell Pipeline Services and its affiliated companies for $ 8 million.
It is expected that the closing of the transaction to occur early in the third quarter of 2014 For the year ended March 31, HM generated revenues of over $ 10 million.
Since 2011, HM has provided follow-up inspections of pure oil to customers in North America technology company SmartBall.
In 2013, HM Pura and entered into a collaboration agreement whereby HM Pure trained personnel to deploy the technology for oil SmartBall within North America.
HM business is, after the close of the transaction and transition operations are conducted through PureHM in Canada and the United States PureHM in the USA ...
It is expected that the closing of the transaction to occur early in the third quarter of 2014 For the year ended March 31, HM generated revenues of over $ 10 million.
Since 2011, HM has provided follow-up inspections of pure oil to customers in North America technology company SmartBall.
In 2013, HM Pura and entered into a collaboration agreement whereby HM Pure trained personnel to deploy the technology for oil SmartBall within North America.
HM business is, after the close of the transaction and transition operations are conducted through PureHM in Canada and the United States PureHM in the USA ...
