09.268.2015 - Prysmian acquires US company Gulf Coast Downhole Technologies (GCDT)

With GCDT, Prysmian further complements and strengthens the existing presence and product offer in the high-tech sector of downhole equipment for the Oil & Gas industry GCDT fits fully into the Group's expansion strategy in the business of Subsea Umbilicals, Risers and Flow lines (SURF) for offshore oil extraction Milan, 25 September 2015 - Prysmian Group, world leader in the energy and telecom cable systems industry, has signed an agreement to acquire 100% of the... Source: RealWire - View Press Release