• TSX Exchange: EFX
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Logos: Enerflex, Exterran

CALGARY, AB and HOUSTON, TX, January 24, 2022 – Enerflex Ltd. ("Enerflex" or the "Company") (TSX: EFX) and Exterran Corporation ("Exterran") (NYSE:EXTN) today announced a business combination (the "Transaction") to create a premier integrated global provider of energy infrastructure. The company will operate as Enerflex Ltd. and will remain headquartered in Calgary, Alberta, Canada. Through greater scale and efficiencies, the transaction will strengthen Enerflex's ability to serve customers in key natural gas, water, and energy transition markets, while enhancing shareholder value through sustainable improvements in profitability and cash flow generation.

"This transaction is transformational in many ways. It is about creating as positive a future for our shareholders, customers, and suppliers as it is for providing the same positive future for the people at Exterran and Enerflex that will soon be teammates. The transaction is rooted in a profound respect for our collective histories, for the equipment, and for all the people that lay their skilled hands on these solutions to provide energy security for our communities and our world," said Marc Rossiter, Enerflex's President and CEO.

Read more about the acquisition in the press release here.


Special Meeting of Enerflex Shareholders


Transaction Updates

 

Investor Relations
Stefan Ali
Vice President, Investor Relations and Strategy
sali@enerflex.com

Media Relations
Jamie Plosz
Director, Marketing and Communications
jplosz@enerflex.com