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Forum Energy Technologies buys Global Heat Transfer

Forum Energy Technologies Inc. purchased the stock of industrial manufacturer Global Heat Transfer Ltd. from its management and middle-market oilfield services-focused private equity firm Pelican Energy Partners LP for an undisclosed sum.

Global Heat Transfer makes industrial heat exchanger and cooling systems used mainly on hydraulic fracturing equipment.

Forum Energy Technologies is a global oilfield products company catering to the oil and natural gas industry, particularly in the drilling, subsea, completions, production and infrastructure sectors.