Innovex International Signs Cash, Stock Deal To Acquire TCO Group For $95M
Benzinga Newsdesk 4 months ago
M&A
Innovex International, Inc. (NYSE:INVX) (the "Company" or "Innovex") is pleased to announce that it has signed an agreement to acquire TCO Group AS ("TCO") in a cash and stock transaction valued at $95 million. The
Innovex International, Inc. (NYSE:INVX) (the "Company" or "Innovex") is pleased to announce that it has signed an agreement to acquire TCO Group AS ("TCO") in a cash and stock transaction valued at $95 million. The transaction is expected to close early in the third quarter of 2026. The Company believes this investment aligns with the Company's disciplined M&A framework, including a focus on mission critical products that share the Company's "Big Impact, Small Ticket" value proposition.