Acquiring Company
CORTEC
Acquired Company
Power Chokes™
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.
Other recent acquisitions in Energy and Oil And Gas
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Eaton acquires Resilient Power Systems Inc. (August 6, 2025)
- Chevron acquires Hess Corporation in landmark deal (July 30, 2025)
- Chevron acquires Hess Corporation for $53 billion, $53B (July 23, 2025)
- Schlumberger acquires ChampionX for $40.58 per share (July 16, 2025)
- Eaton to acquire Resilient Power Systems Inc. (July 16, 2025)
- Alfa Laval acquires Fives Energy Cryogenics unit (July 8, 2025)
Who to call at CORTEC, and when
When CORTEC changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day CORTEC raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at CORTEC, from your own LinkedIn network
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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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