Industry News
Green Capital Buys Stake in Brazil-based Mercotubos
1 October 2010
(Valor Economico) October 1, 2010 – Private equity fund Capital Green closed its first acquisition in the area of oil and gas yesterday with a 75% acquisition of Mercotubos. The company earns BRL$250M (approximately US$148.7M) per year providing equipment and services for rigs and refineries. Customers include Petrobras. Green Capital is also negotiating three additional deals with companies in the sector.
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