Subsea 7 and CRC-Evans Announce Global Technology Partnership Agreement
Subsea 7 Inc , one of the world’s leading subsea engineering and construction companies, announced today that it has entered into a global technology partnership agreement with CRC-Evans Pipeline International (CRC-Evans®) that will lead to both companies providing a range of enhanced pipeline fabrication services to the global offshore subsea…
CRC-Evans Announces Acquisition by Stanley Black & Decker
Houston, TX - July 30, 2010 - CRC-Evans Pipeline International has announced that CRC-Evans® has been acquired by Stanley Black & Decker (NYSE: SWK) for $445 million in cash.
Stanley Black & Decker and CRC-Evans are complementary international companies. The acquisition should enhance CRC-Evans' global growth strategy…