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Stock impact report

Innovex Completes Acquisition of Drilling Innovative Solutions

Innovex International, Inc. (INVX) 
Company Research Source: Business Wire
HOUSTON--(BUSINESS WIRE)--Innovex International, Inc. (NYSE: INVX) (the “Company” or “Innovex”) is pleased to announce that it has completed the acquisition of Drilling Innovative Solutions, LLC (“DIS”).Founded in 2013 by a team of industry experts, DIS has a proven track record of helping operators realize significant savings through innovative solutions that consolidate or eliminate costly operations.By integrating DIS’s product offering and expertise into its broader platform, Innovex expects to enhance its portfolio of “big-impact, small ticket” products, allowing the Company to deliver additional value to its global customer base.DIS’s unique float valves (Sentinel and Defender) represent significant advancements in float equipment design, while the Gatekeeper Cement Retaining Collar offers a superior alternative to conventional packer and bridge plug cement retainers.“Our complementary product portfolios along with our global reach offer an exceptional opportunity for us to Show less Read more
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