Weatherford International plc to acquire NCS Multistage Holdings, Inc.

Weatherford International plc has agreed to acquire NCS Multistage Holdings, Inc., a United States-based company operating within the Industrials sector. The transaction was announced on 31 May 2026 and subsequently completed on 1 September 2026. This strategic acquisition involves a mixed consideration structure comprising both shares and cash. Weatherford International is headquartered in Ireland. NCS Multistage Holdings operates from the United States. The deal represents a cross-border consolidation within the industrial manufacturing space. No specific financial value was reported for this transaction. The combination brings together two entities with complementary capabilities in their respective markets. This move allows the buyer to expand its operational footprint and integrate new technologies into its existing portfolio. The target company will cease to operate as an independent public entity following the completion of the deal.

The acquisition marks a significant step in Weatherford International’s growth strategy within the global industrial sector. By acquiring NCS Multistage Holdings, the buyer aims to strengthen its market position and enhance its service offerings. The transaction was executed through a combination of equity and cash payments to the shareholders of the target company. All regulatory approvals required for the deal were secured prior to completion. The integration process began immediately after the closing date. Employees of NCS Multistage Holdings have been transitioned into the broader Weatherford International organisation. This move is expected to drive long-term value creation through operational synergies and expanded reach. The transaction is now fully completed and closed.