| Title: | Deep Down Inc acquires Flotation Technologies Inc |
| Price: | $36.00 |
| Publication Date: | Jun 05, 2008 |
| Abstract: | US - Deep Down Inc acquired all the outstanding stock of Flotation Technologies Inc, a manufacturer of deepwater buoyancy systems, for an estimated $23.3 mil. The transaction had been subject to customary closing conditions. |
| Acquirer: | Deep Down Inc |
| Acquirer Business Discription: | Pvd engineering svcs |
| Acquirer SIC Code: | 8711 - Engineering services |
| Target Name: | Flotation Technologies Inc |
| Target Business Description: | Mnfr buoyancy sys |
| Target SIC Code: | 2821 - Plastics materials and synthetic resins |
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