TSX:MATR - Post Discussion
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Betteryear2 on Sep 16, 2024 7:53am
Mattr Signs Definitive Agreement
TORONTO, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) announced today that it has entered into a definitive agreement to sell its subsidiary, Thermotite do Brazil (“Thermotite”), to Vallourec Tubular Solutions, a subsidiary of Vallourec S.A. (“Vallourec”) (EPA:VK). Thermotite provides thermal insulation pipe coating services to the offshore oil and gas industry from its plant in Serra, Brazil and is the Company’s final remaining pipe coating business. Mattr Signs Definitive Agreement to Sell Its Brazilian Pipe (globenewswire.com)
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