Lufkin Industries, which is backed by KPS Capital Partners, has acquired Schlumberger’s Rod Lift Business, a provider of rod lift products and services in North America. No financial terms were ...

NAPPANEE (Inside INdiana Business) – Texas-based Lufkin Industries has acquired US Rod in Nappanee and Patriot Pump in North Dakota. Financial terms of the deal were not disclosed. US Rod makes ...

Industry-Leading Brand in Global Rod Lift Solutions to Become Independent Company NEW YORK, May 1, 2020 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that it has signed a definitive ...

Baker Hughes Inc. is in the process of selling the Lufkin rod lift solutions business to KPS Capital Partners. This division, headquartered in Missouri City, provides rod lift products, technologies, ...