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Sondex, the oilfield equipment manufacturer with offices in Hampshire and Aberdeen, is to be acquired by General Electric of the US for £289m.
Sondex has acquired Ultima Labs, the US-based oilfield technology company, for £4.8m.
Sondex has acquired Bluestar Tools, the Canadian manufacturer of drilling instrumentation, for up to £11m.
Sondex is to acquire AES, the US wireline toolmaker with 40 staff in Louisiana, for £7.9m.
Sondex is to acquire Geolink International, the Aberdeen-based manufacturer of oil well equipment, for £31m.
Sondex has acquired Computer Sonics Systems, the Canadian manufacturer of wireline logging equipment for the oil industry, for £1.6m.
Sondex is planning to raise £25m in a flotation in order to reduce debt and expand its oilfield equipment business.
Sondex is looking to raise new funds to expand its oil services product range, and one possibility is a flotation.