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Baker Hughes beefs up with ARMS Reliability purchase deal


18 February 2021 13:32 GMT
Updated 
18 February 2021 13:32 GMT
in 
London
Oilfield services stalwart Baker Hughes has added to its asset performance management stable with the purchase of multi-industry company ARMS Reliability.
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The deal, for which no value was disclosed, is expected to close in the second quarter this year, with the acquired company to be integrated into Baker Hughes’ Bently Nevada business, which is involved in condition monitoring and asset protection.
Apart from oil and gas, ARMS is involved in the mining, chemicals, power and water utilities, transport, manufacturing, aviation and other industries. ....

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