Expro and Frank's merge, creating new company, 'to create a new global leader '

Brands
Mikejardon800
Mike Jardon, chief executive officer of Expro | Expro

Expro Group, an international services company, and Frank’s International N.V., a global oil services company, have merged, taking on the name Expro Group Holdings N.V., and giving them a greater scope of service for their customers. 

The new company began trading on the NYSE on Oct. 4, with the ticker symbol “XPRO.”

“This is an exciting day for Expro and Frank’s as we bring our companies together to create a new global leader with the breadth of capabilities and expertise across the well lifecycle to better support customers," Mike Jardon, chief executive officer of Expro, said. "I would like to thank everyone at Expro and Frank’s for their great work in completing the transaction, planning for a successful integration, and positioning the combined company for long-term success. This is where the talented teams come together and we look forward to continuing to deliver cost-effective, innovative technologies and solutions, and best-in-class safety and service quality performance to our customers.”  .

Expro hopes that the new company will be an attractive option to its customers by offering cost-effective solutions as it navigates relationships with key oil companies around the globe.

Expro was founded in 1938.