Civeo

Mergers & Acquisitions

Civeo Completes Acquisition of Noralta Lodge Ltd. and Announces Amendment and Restatement of Credit Facility

HOUSTON, April 02, 2018 (GLOBE NEWSWIRE) -- Civeo Corporation ("Civeo" or the "Company") (NYSE:CVEO), one of the largest global providers of workforce accommodations, logistics and facility management services to the natural resource industry, announced today that it has closed its acquisition of 100% of the equity interests of Noralta Lodge Ltd. Bradley J. Dodson, Civeo's President and Chief...

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Mergers & Acquisitions

Civeo Acquires 400 Room Accommodation Facility Near Lake Charles, Louisiana

Acquisition increases scale, profitability and contract coverage in Civeo’s US market segment Civeo expects asset to generate revenues of $7 million and gross profit of $6 million for the remainder of 2018 supported by an existing contract with a large petrochemical customer Existing site infrastructure and land could support expansion of an additional 400 rooms HOUSTON, March 01, 2018 - Civeo...

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