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Reeflex Solutions Inc. ( (TSE:RFX) ) has issued an announcement.
Reeflex Solutions Inc. has renewed and expanded its international distribution agreement with GOES GmbH, a German equipment manufacturer and distributor in the oilfield service industry. This expanded agreement grants GOES exclusive rights to sell and service Coil Solutions Inc. products in the UK, Europe, and select markets in Eurasia and South Asia, enhancing Reeflex’s international reach and strengthening its market position. The agreement, effective for 24 months, emphasizes continued technical support and collaboration, which could positively impact the company’s operations and industry positioning.
More about Reeflex Solutions Inc.
Reeflex Solutions Inc. is a public company that provides advanced engineering and manufacturing solutions across various industry sectors. Through its wholly-owned subsidiary, Coil Solutions Inc., it offers coil tubing injectors and downhole tools for the oil & gas sector. Additionally, its manufacturing division, Ranglar Manufacturing, specializes in custom-designed mobile equipment for a wide range of industrial applications.
Average Trading Volume: 20,352
Technical Sentiment Signal: Buy
Current Market Cap: C$1.24M
For an in-depth examination of RFX stock, go to TipRanks’ Overview page.