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CORTEC acquires Power Chokes from ADS Services

PRIVATEAug 01, 2025

Acquiring Company

CORTEC

Acquired Company

Power Chokes™

LouisianaAssamManufacturingEnergyOil And GasManufacturingEnergyOil And Gas

Description

CORTEC has announced its acquisition of Power Chokes™, enhancing its portfolio in the choke and automation solutions sector for the energy industry. This acquisition includes the manufacturing division and intellectual property of Power Chokes. It allows CORTEC to expand its offerings and strengthen its market presence. The integration of Power Chokes marks a significant step in CORTEC's growth strategy.

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Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

CORTEC

Location

Louisiana, United States

About

CORTEC is an internationally established U.S. manufacturer of choke, valve, and automation products suited for a range of global energy industry applications. Founded in January 2004, it engineers, manufactures, assembles, and tests its products under several API licenses. The company is privately owned and vertically integrated, with a commitment to high reliability and quality. It serves the upstream, midstream, and downstream markets.

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Frequently asked

Who acquired Power Chokes™?

Power Chokes™ was acquired by CORTEC, based in Louisiana. The deal was reported on August 1, 2025. CORTEC is an internationally established U.S. manufacturer of choke, valve, and automation products suited for a range of global energy industry applications. CORTEC is privately held and operates in Manufacturing.

When did CORTEC acquire Power Chokes™?

CORTEC's acquisition of Power Chokes™ was reported on August 1, 2025. CORTEC has announced its acquisition of Power Chokes™, enhancing its portfolio in the choke and automation solutions sector for the energy industry. This acquisition includes the manufacturing division and intellectual property of Power Chokes. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Power Chokes™ do?

Established in 1988, Power Chokes is a widely recognized manufacturer of pressure control products for the oil and gas industry. The company specializes in well control chokes, managed pressure drilling chokes, and pressure relief systems. It is privately held, operating in Manufacturing, and is based in Assam.

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