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M&A

ACT Energy Technologies Ltd. / SB DIRECTIONAL SERVICES

Lane
M&A
Announced
09 Mar 2026
Province
Alberta
Industry
Energy — upstream
Status
Announced
What the filing says
ACT Energy Technologies Ltd. (TSX: ACX ) (" ACT " or the " Company ") is pleased to announce that it has entered into an agreement (the " Agreement ") to acquire the directional drilling services business (the " Acquired Business ") of SB Directional Services (" SB "), through a wholly owned subsidiary, for total consideration of USD$47.0 million (approximately CAD$64.3 million).
Terms stated
consideration form
Source

The terms are in the subscriber edition

This transaction carries 1 stated term, with its value, unit and basis, the consideration and 3 officer and advisor credits.

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