July 19, 2019
Source: World Oil

Arcline acquires a business division of BHGE

A private equity firm, Arcline Investment Management has announced the acquisition of BHGE's Reciprocating Compression division. This division manufactures and services mission-critical compression and engine systems. "We plan to aggressively invest in our long-standing, loyal employee base so that they can support every brand of our equipment operating in the field", commented Arcline. Arcline currently has $1.5 billion of capital under management.

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