Acquiring Company
SLB
Acquired Company
ChampionX
Houston
Madhya PradeshEnergyOil And GasSoftwareRenewable EnergyManufacturingEnergyOil And GasDescription
Schlumberger Limited has completed the acquisition of ChampionX Corporation at a price of $40.58 per share. The merger disclosure occurred on April 2, 2024, with the transaction closing on July 16, 2025. The process included prior offers increasing to $37.80 per share. ChampionX faced a class action lawsuit over the handling of the sale.
Quick answer
SLB is acquiring ChampionX, announced July 16, 2025. SLB is based in Houston, Texas, United States.
- How much did SLB pay for ChampionX?
- The deal value was not disclosed.
- What does SLB do?
- SLB (NYSE: SLB) is a global technology company that drives energy innovation for a balanced planet.
- Where are SLB and ChampionX based?
- SLB is based in Houston, Texas, United States. ChampionX is based in Madhya Pradesh, India.
- Who are the decision-makers at SLB?
- Fundz holds 2 contacts at SLB. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- Eaton to acquire Resilient Power Systems Inc. (July 16, 2025)
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Who to call at SLB, and when
When SLB changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day SLB raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at SLB, from your own LinkedIn network
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Related People
Frequently asked
Who acquired ChampionX?
ChampionX was acquired by SLB, based in Houston. The deal was reported on July 16, 2025. SLB (NYSE: SLB) is a global technology company that drives energy innovation for a balanced planet. SLB is publicly traded (SLB) and operates in Energy.
When did SLB acquire ChampionX?
SLB's acquisition of ChampionX was reported on July 16, 2025. Schlumberger Limited has completed the acquisition of ChampionX Corporation at a price of $40.58 per share. The merger disclosure occurred on April 2, 2024, with the transaction closing on July 16, 2025. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does ChampionX do?
ChampionX Corporation is a global leader in chemistry solutions, artificial lift systems, and highly engineered equipment and technologies that help companies drill for and produce oil and gas safely, efficiently, and sustainably around the world. It is privately held, operating in Manufacturing, and is based in Madhya Pradesh.
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